A limited partnership is a form of partnership in which some of the partners contribute only financially and are liable only to the extent of the amount of money that they have invested.
In a limited partnership structure, limited partners are shielded to the extent of their investment.
Usually, the limited partnership has a general partner who has unlimited liability but allows other partners to limit theirpotential loss.
A limited partnership is a form of partnership in which some of the partners contribute only financiallyand are liable only to the extent of the amount of money that they have invested.
limited partnership in Accounting
(lɪmɪtɪd pɑrtnərʃɪp)
Word forms: (regular plural) limited partnerships
noun
(Accounting: Basic)
A limited partnership is a form of partnership in which some of the partners contribute only financiallyand are liable only to the extent of the amount of money that they have invested.
In a limited partnership structure, limited partners are shielded to the extent of their investment.
Usually, the limited partnership has a general partner who has unlimited liability but allows other partners to limit theirpotential loss.
A limited partnership is a form of partnership in which some of the partners contribute only financiallyand are liable only to the extent of the amount of money that they have invested.
partnership
Examples of 'limited partnership' in a sentence
limited partnership
Yes, but they are not conventional funds, being usually based offshore or run as limited partnerships.