limited partner

noun

: a partner in a venture who has no management authority and whose liability is restricted to the amount of their investment compare general partner

Examples of limited partner in a Sentence

Recent Examples on the Web

When the case was filed, attorneys general from seven right-leaning states, for example, urged the Department of Labor to back Data Marketing’s request to designate its limited partners as employees. — Julie Appleby, Miami Herald, 16 Sep. 2026

When the case was filed, attorneys general from seven right-leaning states, for example, urged the Department of Labor to back Data Marketing's request to designate its limited partners as employees. — Julie Appleby, CBS News, 15 Sep. 2026

The guidance describes funds calculating one performance figure from the moment a subscription facility is used to acquire an investment, and a separate figure only once capital is actually called from limited partners. — Peter Doyle, Forbes.com, 15 Sep. 2026

Stad is making the jump from a limited partner in the Minnesota Timberwolves and Lynx to the controlling owner after purchasing majority interest from Marc Lore. — Jon Krawczynski, New York Times, 21 Aug. 2026

Word History

First Known Use

1824, in the meaning defined above

Rhymes for limited partner

• copartner
• gartner

Legal Definition

limited partner

see also:

partner