Limited Partnership definitions

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limited partnership

limited partnership logo #21214n. a special type of partnership which is very common when people need funding for a business, or when they are putting together an investment in a real estate development. A limited partnership requires a written agreement between the business management, who is (are) general partner or partners, and all of the limited partners. Each limited partn...
Found on http://dictionary.law.com/Default.xhtml?selected=1167

Limited partnership

Limited partnership logo #21000 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 more limited partners (LPs). It is a partnership in which only one partner is required to be a general partner. The GPs are, in all major respects, in the same legal position as partners i...
Found on http://en.wikipedia.org/wiki/Limited_partnership

limited partnership

limited partnership logo #21003(from the article `limited liability`) To meet the need for larger amounts of capital in industry, limited partnerships became popular. Known as the société en commandite in France and ... ...an agent of it in entering into legal transactions on its behalf. The civil-law systems of most continental European countries have ...
Found on http://www.britannica.com/eb/a-z/l/51

Limited partnership

Limited partnership logo #21012A partnership that includes one or more partners who have limited liability.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosl.htm

Limited partnership

Limited partnership logo #20047A partnership that includes one or more partners who have limited liability.
Found on http://www.encyclo.co.uk/local/20047

Limited Partnership

Limited Partnership logo #21213(n) A limited partnership is the type of partnership in which a section of partners have contributed towards the capital without any management authority in the partnership with a limited liability and pre-fixed percentage of return on their investment.
Found on http://www.encyclo.co.uk/local/21213

Limited Partnership

Limited Partnership logo #22402A partnership that includes one or more partners who have limited liability.
Found on http://www.encyclo.co.uk/local/22402

Limited partnership

Limited partnership logo #20671A partnership comprising a general partner and limited partners. The general partner operates the... <a target=_blank href='http://www.finance-glossary.com/terms/limited-partnership.htm?id=858&ginPtrCode=00000&PopupMode=false' title='Read full definition of limited partnership'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm

Limited Partnership

Limited Partnership logo #21212A partnership with two kinds of partners: limited partners, who provide financial backing and have little role in management and no personal liability, and general partners, who are responsible for managing the entity and have unlimited personal liability for its debts.
Found on http://www.lectlaw.com/def/l042.htm

Limited Partnership

Limited Partnership logo #22642A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between general and limited partners is with management decisionmaking--general partners run the b...
Found on http://www.nolo.com/dictionary/limited-partnership-term.html

Limited Partnership

Limited Partnership logo #20551A partnership in which there is one general partner and one or more limited partners.  The limited partners are liable only to the extent of their capital contribution to the partnership.  The general partner has unlimited liability.
Found on https://www.encyclo.co.uk/local/20551

Limited Partnership

Limited Partnership logo #21071- PARTNERSHIP in which one or more partners, but not all, have limited liability to creditors of the partnership.
Found on https://www.encyclo.co.uk/local/21071

Limited Partnership

Limited Partnership logo #21390A partnership consisting of one or more general partners who conduct the business and are responsible for losses, and one or more special partners, contributing capital and liable only to the amount contributed.
Found on https://www.encyclo.co.uk/local/21390

Limited Partnership

Limited Partnership logo #23570A limited partnership (LP) is a partnership that has both general and limited partners. An LP must have at least one?general partner?and can have an unlimited number of?limited partners.
Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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