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limited partnership

noun

  1. a partnership formed by at least one general partner and at least one special partner.


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Word History and Origins

Origin of limited partnership1

First recorded in 1905–10

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Example Sentences

In effect, the American government has been in a limited partnership with the Assad regime for almost a year.

Since Mr. Allen and myself agreed to end our limited partnership, I have kept the regular slips in my safe.

"Why, sir, that would make marriage a limited partnership," said Quincy with a smile.

It goes far beyond anything in the line of limited partnership he ever saw.

The statutes of the different states differ somewhat as to the purposes for which a limited partnership may be formed.

In general, however, a limited partnership may be formed to carry on any business except banking and insurance.

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