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Master Limited Partnership
(redirected from Publicly Traded Partnerships)

   Also found in: Wikipedia 0.01 sec.
Master limited partnership (MLP)

Master Limited Partnership
A limited partnership with ownership units that may be traded on an exchange. A limited partnership consists of a general partner, who manages the venture, and limited partners, who simply provide capital. A master limited partnership allows limited partners to buy and sell units of the venture as if they were shares in a publicly-traded company. Limited partners often receive cash distributions, which are similar to dividends, on a regular basis. This business form combines the tax advantages of a partnership, which does not pay tax on its profit, with the liquidity of a publicly-traded company. It is also called a publicly traded partnership.

master limited partnership (MLP)
A limited partnership that provides an investor with a direct interest in a group of assets (generally, oil and gas properties). Master limited partnership units trade publicly like stock and thus provide the investor significantly more liquidity than ordinary limited partnerships. See also roll-up.


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HOUSTON, May 14 /PRNewswire-FirstCall/ -- Constellation Energy Partners today announced that it will be participating at the National Association of Publicly Traded Partnerships 2008 Master Limited Partnership Investor Conference.
Randall Fowler, president and chief executive officer of Duncan Energy's general partner, is scheduled to present at the annual National Association of Publicly Traded Partnerships Annual MLP Investor Conference on Thursday, May 13, at 9:00 a.
2 /PRNewswire/ -- The Coalition of Publicly Traded Partnerships, the trade association representing publicly traded partnerships (commonly known as master limited partnerships or MLPs), announced today that it has changed its name to the National Association of Publicly Traded Partnerships (NAPTP).
 
 
 
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