Limited Partnership

Posted in Finance, Accounting and Economics Terms, Total Reads: 803

Definition: Limited Partnership

A Limited Partnership is a partnership which involves at least one general partner wherein the powers lie with the general partner(s) while enabling the limited partner the extent to his /her investment.

The number of limited partner is subject to certain laws pertaining to the territory where that particular firm registers.

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Browse the definition and meaning of more terms similar to Limited Partnership. The Management Dictionary covers over 7000 business concepts from 6 categories.

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