A business organization with one or more general partners, who manage the business and assume legal debts and obligations, and one or more limited partners, who are liable only to the extent of their investments. Limited partners also enjoy rights to the partnership's cash flow, but are not liable for company obligations.
Related information about limited partnership:
- Limited partnership - Wikipedia, the free encyclopedia
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or ...
- Limited Partnership - Legal Dictionary - The Free Dictionary
limited partnership n. a special type of partnership which is very common when people need funding for a business, or when they are putting together an ...
- Limited Partnership (LP) Definition | Investopedia
Two or more partners united to conduct a business jointly, and in which one or more of the partners is liable only to the extent of the amount of money that ...
- Limited Partnership
The limited partnership as a business structure and some of the issues face by partners of an LP...
- Corporations: Limited Partnership Information
Definition. A "limited partnership" is a partnership formed by two or more persons formed under the provisions of M.G.L. Chapter 109, s.8, having as members ...
- Limited Partnerships
A limited partnership is formed by two or more entities and must have at least one limited partner and one general partner. Limited partners are only liable for the ...
- Limited Partnership Overview | LegalZoom.com
Read our limited partnership overview to learn about this choice for business owners at LegalZoom.com.
- What is limited partnership? definition and meaning
Definition of limited partnership: A business organization with one or more general partners, who manage the business and assume legal debts and obligations, ...