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LP

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Limited Partnership

A business model in which at least one general partner and at least one limited partner share a business' ownership. In a limited partnership, the general partner does not usually make invest any capital, but has management authority and unlimited liability. That is, the general partner runs the business and, in the event of bankruptcy, is responsible for all debts not paid or discharged. The limited partners have no management authority and confine their participation to their capital investment. That is, limited partners invest a certain amount of money and have nothing else to do with the business. However, their liability is limited to the amount of the investment. In the worst case scenario for a limited partner, he/she loses what he/she invested. Profits are divided between general and limited partners according to an arrangement formed at the creation of the partnership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Figure 10 shows that rhythmic segments (IV, V) and rhythmic lines (VI and VII) are not made up of a repeated pattern, yet the larger groupings --rhythmic line pairs (VIII, IX) and the rhythmic song (X)--are: for example, VIII is made up of a repeated VI.
Common film types encountered in law enforcement field applications have optimal resolutions in the range of 40-160 line pairs per millimeter.
Since any signal can be decomposed in its differential- and common-mode components, this model will predict propagation of any combination of differential-and common-mode signals, accurately representing the behavior of the differential transmission line pair. Note that, for practical purposes, it may be preferable to avoid using a transmission line with a negative impedance; however, the line with negative impedance can be easily substituted with a positive impedance line and a dependent voltage source.
Among Tim's seven six-line RETEP poems, his "Banker Almighty" looks to be a good candidate to yield interesting line-order transpositions, so let us see what happens when its reversal line pairs are symmetrically repositioned in a "Transformers"-like convolution.
The image intensifier resolution of state-of-the-art night vision is often measured by a unit known as "line pairs per millimeter" (lp/mm).
Created by a team of chefs at A-B's famed Kingsmill Resort in Williamsburg, Va., in collaboration with the company's brewmasters, the line pairs perfectly with beer.
Consider designer Thomas Lavin's West Hollywood, Calif., furniture and textile showroom, currently presenting Madeline Stuart's new Hollywood Regency Redux furniture line paired with contemporary Surrealist paintings and Asian-influenced accessories.
It works with F-mount and C-mount cameras and resolves 180 line pairs per millimeter.
Navitar's new 25 mm Platinum Lens works with F-mount and C-mount cameras and resolves 180 line pairs per millimeter, according to the company.
The new mask designed for 193 nm lithography is the state-of-the art, and will provide 100 nm lines and 100 nm spaces and all the larger, up to 1.5 mm sized line pairs in x and y directions.
The 3.34 Megapixel CCD, the image capture element for the Finecam, works in conjunction with a high-resolution all glass, 2X zoom lens ensuring image quality that exceeds 200 line pairs per mm.