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general partner

noun

  1. a partner with unlimited liability for the debts of the partnership.


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Word History and Origins

Origin of general partner1

An Americanism dating back to 1885–90

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Example Sentences

For Union Square Ventures general partner Albert Wegner, the answer might lie is a decidedly less capitalistic place.

The next day, he started Soho Properties General Partner LLC as a foreign limited liability corporation.

By general partner, is meant the one who shares equally in the profits and losses of the partnership transactions.

A limited partnership must have at least one general partner who is individually liable for the obligations of the partnership.

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