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limited partnership

American  

noun

  1. a partnership formed by at least one general partner and at least one special partner.


Etymology

Origin of limited partnership

First recorded in 1905–10

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Investigations by authorities obtained documents identifying the owner of the tanker as a Cardiff-based limited partnership called Mister Drake PC.

From BBC • Nov. 2, 2023

John Angelos is the club’s chairman and CEO, with Peter and Lou listed on the team’s website as part of its limited partnership group.

From Seattle Times • Jun. 10, 2022

Earlier this year, OpenAI created a for-profit limited partnership to take outside investment.

From Reuters • Jul. 22, 2019

He then devised a novel investment vehicle known as the master limited partnership, or MLP.

From Washington Post • Nov. 11, 2018

Gautier & Sons, of Jersey City, to organize a limited partnership association under the name of "The Gautier Steel Company, Limited," to manufacture, at Johnstown, wire and various other forms of merchant steel.

From The Johnstown Horror!!! or, Valley of Death, being A Complete and Thrilling Account of the Awful Floods and Their Appalling Ruin by Walker, James Herbert