limited partnership

Frequency: 6.56.5 per million words

a legal business structure where some partners have limited liability

partnershipADJECTIVE + NOUN

Categories:

limited

Examples (10)

  • They formed a limited partnership to invest in real estate.
  • A limited partnership consists of at least one general partner and one limited partner.
  • Many law firms are organized as a limited partnership to protect certain assets.
  • The investors preferred the structure of a limited partnership for tax purposes.
  • He decided to enter into a limited partnership with his brother.
  • In a limited partnership, the limited partners' liability is restricted to their investment.
  • The legal documents for the limited partnership were signed yesterday.
  • Small businesses often start as a limited partnership to attract outside capital.
  • The government introduced new regulations for every limited partnership operating in the city.
  • Understanding the risks of a limited partnership is crucial before signing any agreement.