Limited partner

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Limited partner

A partner who has limited legal liability for the obligations of the partnership.

Limited Partner

In a company, one who shares with at least one other partner, jointly and severally, a business' ownership. Limited partners exist in limited partnerships and limited liability partnerships, but in both situations they are only liable for the capital they have invested in case of bankruptcy. In limited partnerships, the limited partners have no management authority and confine their participation to their capital investment. In limited liability partnerships, all partners are limited and therefore at least some have management authority. Profits are divided among limited partners according to an arrangement formed at the creation of the partnership.

Limited partner.

A limited partner is a member of a partnership whose only financial risk is the amount he or she has invested.

In contrast, all the assets of the general partner or partners, including those held outside the partnership, could be vulnerable to claims brought by the partnership's creditors.

References in periodicals archive ?
NCR Awards Emirates Computers Special Partner TrophyEmirates Computers was honored at the NCR EMEA RealPartner Conference 2008 for its solid performance and commitment to promoting NCR's products in this region.
For a special partner, the payment commencement year is the later of the calendar year following the calendar year in which the special partner's retirement date occurs, or the calendar year in which he or she attains age 60 (age 55, for partners with 25 years or more of service).
As special partners, like you mentioned, I hope our two countries will be able to continue to cooperate on various issues and build on a close relationship,'' Koizumi was quoted as responding.
FIGARO, an EU-funded international project focused on developing new precision agriculture DSS to improve irrigation management for the purpose of increasing water productivity, will present an advanced precision irrigation DSS system at a special partners meeting to be held January 19-21, 2015 in Rome, Italy.
Through the support of special partners like Samsung and Sears, we will continue to spread awareness of cystic fibrosis through 'Tackle CF' and work towards finding a cure once and for all.
Special partners programs let monetize cooperation process and satisfy the interests of everybody, who is ready to become the partner of ForexStars.
livin foundation after-school program is all about, and thanks to special partners like Samsung we can continue to create an environment that makes kids feel safe.
These special partners advise and encourage local communities to develop a comprehensive and coherent strategy for their retail projects, accelerate their economic development and ensure their attractiveness.
In addition to JDRF's leadership role in this initiative, Special Partners Joslin Diabetes Center and T1D Exchange will bring their valuable scientific, clinical, and patient engagement capabilities to the collaboration.
The SHADE Foundation is proud to have such special partners in our mission.
Special Partnerships -- many special partners will be on hand throughout Small Gift Los Angeles to participate in this massive celebration.

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