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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The firm’s focus on the middle market — typically involving deals of as much as $1 billion — appealed to prospective fund backers known as limited partners during meetings around the globe. Bloomberg, Mercury News, 19 Feb. 2026 Every person on Harbinger’s executive committee has personally owned or operated a sports team or league, said Williams, a limited partner in the Atlanta Falcons who has appeared on Shark Tank. Luisa Beltran, Sportico.com, 18 Feb. 2026 For limited partners, this has made decision-making more situational. Sunaina Sinha Haldea, Fortune, 14 Feb. 2026 As a result, investors in private equity funds – known as limited partners, or LPs – have seen lower amounts of cash returned to them. Leslie Picker, CNBC, 3 Feb. 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 3 Mar. 2026.

Legal Definition

limited partner

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