Dictionary.com
Thesaurus.com
Showing results for limited partnership. Search instead for master+limited+partnership.

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

Over the years Mr. Epstein wooed Mr. Barak by, among other things, investing $1 million in a limited partnership established by Mr. Barak in 2015.

From New York Times • Apr. 22, 2022

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

From Reuters • Jul. 22, 2019

Limited Partnership.—In most states, what is called a limited partnership may be formed, whereby the responsibility of some of the partners may be limited to their investment in the business.

From Studies in Civics by McCleary, J. T. (James Thompson)