Public limited partnership

Public limited partnership

A limited partnership with an unlimited number of partners that is registered with the SEC and is available for public trading by broker/dealers.

Public Limited Partnership

A limited partnership with no limit on the number of partners allowed. A public limited partnership is registered with the SEC and is available to be traded through brokers and/or dealers. A public limited partnership combines some of the characteristics of a limited partnership and a publicly-traded company.
References in periodicals archive ?
The bank sold the units to IGW Public Limited Partnership, an affiliate of League Assets Corp.
Answer--A public limited partnership is registered with the SEC and is offered to the general public through broker/dealers.
45 apiece to IGW Public Limited Partnership, an affiliate of League Assets Corp.
This is an informal market consisting of about 15 independent broker-dealers that match up buyers and sellers of public limited partnership interests.
Many family limited partnership agreements contain more transfer restrictions than the agreements of the public limited partnerships or REITs against which they are often compared, or they have inferior assets and management performance.
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