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
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For the first time since Hamid took the helm, Kleiner opened its doors to a journalist, giving Fortune a rare opportunity to sit in on partner investment meetings and interview the founders and limited partners (LPs) that work with the firm. Allie Garfinkle, Fortune, 31 Jan. 2026 Tom Pohlad took over franchise oversight from his brother Joe Pohlad, multiple new limited partners joined the ownership group and manager Rocco Baldelli was fired and replaced with Derek Shelton. Anthony Bettin, CBS News, 30 Jan. 2026 Little more than one year ago, New York City’s Vestar Capital sent a surprising message to its limited partners. Hank Tucker, Forbes.com, 29 Jan. 2026 Venture capitalists worried about endangering their portfolio companies, lest they get sued by their limited partners for a breach of fiduciary duty. Julia Black, Vanity Fair, 29 Jan. 2026 See All Example Sentences for limited partner

Word History

First Known Use

1824, in the meaning defined above

Time Traveler
The first known use of limited partner was in 1824

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Cite this Entry

“Limited partner.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partner. Accessed 10 Feb. 2026.

Legal Definition

limited partner

see partner

Last Updated: - Updated example sentences
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