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Limited Partnership
(redirected from Limited partner)

    Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia 0.01 sec.
Limited Partnership 

in bourgeois civil law, a type of commercial or industrial company. The partners in such a company are divided into two categories: those whose liability for the company’s debts is limited to the amount they have invested, and those who are totally liable. Limited partnerships are most common in Great Britain, where the law does not give such partnerships the rights of a legal person. This type of British company is very similar to the commandite in France, the Federal Republic of Germany, and Italy.
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469(h) (2), an interest in a limited partnership as a limited partner is treated as presumptively passive.
Passive activity rules not presumed to apply to LLCs and LLPs by Valdez, Veronica / The Tax Adviser
To understand the Limited Partnership Agreement, one must first understand the limited partnership Similar to the general partnership, the limited partnership consists of one or more general partners and one or more limited partners To understand the Limited Partnership Agreement, one must first understand the limited partnership.
What Are Limited Partnership Agreements? by Mark Warner / Law community
A limited partner cannot do either of these things.
Understanding the partnership structure (part 2): the limited ... by Swais, Nishan / LawNow
 
 
 
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