释义 |
Research and development limited partnership
Research and development limited partnershipA partnership whose investors put up money to finance new product R&D in return for profits generated from the products.Research and Development Limited PartnershipA limited partnership where limited partners (who have no management authority) provide capital for the general partner (who manages the venture) to conduct research and development activities for a new product, or perhaps new uses for an old product. In return, the limited partners are entitled to a share of the profit on any new inventions, uses, or products developed in the process of R&D.AcronymsSeeRDLP |