limited partnership
noun
: a partnership having one or more general partners and one or more limited partners
Examples of limited partnership in a Sentence
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In order to make a living off the sport, WNBA stars have long supplemented their income by playing abroad during the offseason—but this grueling back-to-back schedule means little recovery time, months away from family, and limited partnerships with brands who prefer their talent nearby.
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Lale Arikoglu, Condé Nast Traveler, 8 Mar. 2026
Our valuation estimates are based on control sales, versus limited partnership deals.
—Kurt Badenhausen, Sportico.com, 10 Feb. 2026
Reversing the Tax Court, the court held that for purposes of section 1402(a)(13), a limited partner is simply a partner in a limited partnership with limited liability under state law—full stop—regardless of how active that partner is in the business.
—Kelly Phillips Erb, Forbes.com, 24 Jan. 2026
Keep in mind, the card is only available to corporations, limited liability companies (LLCs) or limited partnerships (LPs); sole proprietors are ineligible.
—Ryley Amond, CNBC, 29 Dec. 2025
See All Example Sentences for limited partnership
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Lale Arikoglu, Condé Nast Traveler, 8 Mar. 2026
Our valuation estimates are based on control sales, versus limited partnership deals.
—Kurt Badenhausen, Sportico.com, 10 Feb. 2026
Reversing the Tax Court, the court held that for purposes of section 1402(a)(13), a limited partner is simply a partner in a limited partnership with limited liability under state law—full stop—regardless of how active that partner is in the business.
—Kelly Phillips Erb, Forbes.com, 24 Jan. 2026
Keep in mind, the card is only available to corporations, limited liability companies (LLCs) or limited partnerships (LPs); sole proprietors are ineligible.
—Ryley Amond, CNBC, 29 Dec. 2025
See All Example Sentences for limited partnership
Cite this Entry
“Limited partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partnership. Accessed 13 Mar. 2026.
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