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general partner

a partner with unlimited liability for the debts of the partnership.
Compare special partner.
Origin of general partner
1885-90, Americanism Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for general partner
  • The property is held by a partnership and run by a general partner.
  • P is a limited partnership with one general partner and four limited partners.
  • The general partner did not explore, despite saying he would, refinancing options for a loan paid off through a capital call.

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