limited partnership

noun

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

Examples of limited partnership in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
That limited partnership is registered to Colrich, according to California Secretary of State documents. Theresa Clift, Sacbee.com, 4 Sep. 2025 Those three teams, plus three more, also sold equity to individuals, contributing to what has been a relatively busy year in limited partnership sales for the league. Brendan Coffey, Sportico.com, 27 Aug. 2025 Joe Pohlad described one of the two limited partnership groups as being from Minnesota and the other from the East Coast. Dan Hayes, New York Times, 14 Aug. 2025 Instead, the Pohlad family will take on two limited partnership groups, one that has Twin Cities ties and another that is said to be a prominent East Coast family. Betsy Helfand, Twin Cities, 13 Aug. 2025 See All Example Sentences for limited partnership

Word History

First Known Use

1791, in the meaning defined above

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

Browse Nearby Words

Cite this Entry

“Limited partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partnership. Accessed 11 Sep. 2025.

Legal Definition

limited partnership

see partnership

More from Merriam-Webster on limited partnership

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!