partnership

(redirected from Investment partnership)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.

partnership

a. a contractual relationship between two or more persons carrying on a joint business venture with a view to profit, each incurring liability for losses and the right to share in the profits
b. the deed creating such a relationship
c. the persons associated in such a relationship

Partnership

A legal relationship existing between two or more persons contractually associated as joint principals in a business as co-owners.

Partnership

 

in the United States, Great Britain, and certain other bourgeois states that have adopted the Anglo-Saxon system of law, a legal and organizational form for capitalist enterprises.

A partnership is defined by law as a relationship that exists between persons who are jointly conducting a business for profit. Relations between partners are regulated by contract. A partnership is not considered a legal entity; its assets are jointly owned by the partners. In the absence of special agreement to the contrary, each partner is an authorized agent for the partnership and has the right to transact business. Partners bear joint liability to creditors for contract obligations.

References in periodicals archive ?
Insurance Partners is the largest investment partnership focusing on transactions in both the property/casualty and life insurance industries in the U.
The firm's investment partnership litigation practice is focused on disputes and litigation matters that are specific to investment partnerships including private equity funds, hedge funds, venture capital funds and tax credit partnerships.
Lindsay Goldberg & Bessemer is a New York-based investment partnership that manages $5.
Advent Partner(R)'s easy-to-use Windows format coupled with the power of its SQL Server database architecture and design gives firms the ability to deliver the accuracy, efficiency and responsiveness necessary to efficiently manage an investment partnership.
KPE announced that, as of January 26, 2007, the Investment Partnership has funded investments in aggregate of $2.
Elimination of AMT issues: A partner in an investment partnership cannot deduct any of his share of the partnership's operating expenses against the alternative minimum tax (AMT) because the deductions are treated as miscellaneous itemized deductions, not deductible when computing the AMT.
announced the closing of the firm's seventh value-added real estate fund, BPG Investment Partnership VII, L.
0 million, respectively, and are shown as liabilities in the consolidated statement of assets and liabilities of the Investment Partnership.
H) announces the acquisition of a 99% partnership interest in the Eagle Two Investment Partnership for a total purchase price of $1,150,000 (the " Acquisition ").
EU High Level Working Group on Jobs and Growth co-chaired by United States Trade Representative Kirk and European Trade Commissioner De Gucht, the United States and the European Union will each initiate the internal procedures necessary to launch negotiations on a Transatlantic Trade and Investment Partnership.
In a typical limited investment partnership agreement, the general partner is entitled to a fixed advisory or management fee (such as one percent of net assets), plus an allocation of profits (such as 20 percent of net realized and unrealized gains).
Furthermore, in the fiscal second quarter of 2014, Biglari Holdings contributed securities to an investment partnership and recognized a non-cash pre-tax gain of $29.

Full browser ?