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English Fox - English Dictionary
Meaning of
Limited Partnership
in English
Limited Partnership
#moderate
Definitions
Noun
a
form
of
business
in
which
one
or
more
partners
(
called
general
partners
)
manage
the
business
and
assume
liability
for
the
business
debts
,
while
one
or
more
other
partners
(
called
limited
partners
)
contribute
capital
but
do
not
participate
in
management
and
have
limited
liability
a
partnership
in
which
one
or
more
partners
have
limited
liability
,
usually
not
exceeding
their
investment
Base Words
Partnership
Limited
