- partnership, limited
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n.A partnership with at least one general partner and at least one limited partner.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
partnership, limited
Look at other dictionaries:
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limited — I adjective angustus, bounded, brevis, checked, circumscribed, circumscriptive, confined, confining, constricted, controlled, cramped, curbed, definite, enclosed, fixed, hampered, impeded, insular, narrow, parvus, prescribed, restrained,… … Law dictionary
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Limited liability limited partnership — The limited liability limited partnership (LLLP) is a relatively new modification of the limited partnership, a form of business entity recognized under U.S. commercial law. An LLLP is a limited partnership and as such consists of one or more… … Wikipedia
Partnership — Shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability. See: general partnership, limited partnership, and master limited partnership. The New York Times Financial Glossary * * *… … Financial and business terms
