LP

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LP

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.
References in periodicals archive ?
An early reference to the phonograph in Muslim lands was given by Ahmad Rasim, an employee of the Turkish Imperial Telegraph Company, who in 1885 published a booklet with the title "The Phonograph, One of the Most Remarkable Inventions of Mankind," apparently translated into Turkish from a European language.
I propose not that the phonograph was an invention merely coincidental with Hopkins's mature poetry but that he was participating in phonographic thinking--a new interest in sound reproduction's potential material realities gaining cultural momentum at the time.
With his own phonograph and gramophone, he can demonstrate how early recordings were made.
Undeterred, Pasin reoriented his company, scuttling the phonograph cabinets and going into the wagon business.
'The phonograph had the brand name, His Master's Voice, and on the brand logo, there was an image of a dog listening intently in front of a phonograph,' General wrote, recalling the music machine brought by Louis McGregor, his American teacher whom the class called 'Maestrong Luis' (Teacher Luis).
However, as Emil Brunner pointed out, when playing an old phonograph record of a great voice like Caruso, replete with scratches, clicks and pops due to age and wear, only a fool listens to just the clicks and pops and misses hearing Caruso altogether.
Bostwick in his book, The American Public Library (1910), in which he cites the use of phonograph records in his support for the circulation of music in any format, which was seldom done at the time:
Preaching on Wax: The Phonograph and the Shaping of Modern African American Religion
Spillers was founded in 1894 by Henry Spiller, at its original location in Queens Arcade, where the shop specialised in the sale of phonographs, wax phonograph cylinders and shellac phonograph discs.
The Edison Standard Phonograph featured a number of castings, including its bedplate, a number of components in the gear box and the rear arm that holds the horn.
If you can ban movies, you can ban religions; if you can burn phonograph records, you can burn religious books; and if you can assassinate an author, you can burn a heretic.