limited partnership

noun

: a partnership having one or more general partners and one or more limited partners

Example Sentences

Recent Examples on the Web What makes one of these partnerships different from a traditional limited partnership is mainly the fact that all of the partners are family members. Lori Ioannou, WSJ, 3 Dec. 2022 Many limited partnership investments have minimums around $25,000, a pretty attainable number for those looking to dip their toe into the multifamily investment pool. Bob Mangat, Forbes, 30 June 2022 The 45-acre logistics park was bought by a limited partnership investment firm represented by Goldman Sachs. Dallas News, 15 Mar. 2022 The senior housing would be developed by a group that includes the Aurora Housing Authority, the Northern Lights Development Corp. - which is a not-for-profit arm of the housing authority - and a limited partnership of investors. Steve Lord, Chicago Tribune, 15 Sep. 2022 Fortunately for the investors of Paradise Square, the limited partnership agreement for the show does not contain an overcall provision, and the explanation for the baffling move might lie in another part of the complex legal document. Marc Hershberg, Forbes, 16 May 2022 Our top weekly performer was master limited partnership Holly Energy Partners, L.P. John Dobosz, Forbes, 28 May 2022 The team was technically owned by PDB Sports, a limited partnership that was itself owned by Bowlen Sports Inc., which, in turn, was owned by Patrick Bowlen and his brother John Bowlen. Michael Mccann, Variety, 10 Sep. 2022 If a British government facilitated this social disaster, another kind of scandal, unnoticed to begin with, was the Scottish limited partnership. Geoffrey Wheatcroft, The New Republic, 24 Aug. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'limited partnership.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

First Known Use

1791, in the meaning defined above

Time Traveler
The first known use of limited partnership was in 1791

Dictionary Entries Near limited partnership

Cite this Entry

“Limited partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partnership. Accessed 6 Feb. 2023.

Legal Definition

limited partnership

see partnership

More from Merriam-Webster on limited partnership

Last Updated: - Updated example sentences
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