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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 ?
Study of post dural puncture headache with 27G Quincke and Whitacre needles in obstetrics/non obstetrics patients.
More than 2 attempts for lumbar puncture and fail to achieve a sensory T4 level were treated as failure and general anaesthesia was provided for Caesarean section.
In this report, the global Puncture Therapy market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.
After skin disinfection, the skin of the puncture site was given local anesthesia, and then the site between the 5th and 6th rib at the midaxillary line was punctured.
However, two punctures in quick succession destroyed the team's realistic push for the win.
She said that after asking several people "in the know", it was unlikely to be a fox because of the size of the puncture holes.
In our patient we suspect there was a puncture of the dura during epidural anaesthesia which led to air being trapped and siphoned upwards in an inverted soda bottle fashion.
The police said that the deceased was a resident of Akhtar Colony and had arrived at the shop to fix his motorcycle puncture when the air compressor meant to inflate tyres malfunctioned and exploded.
I got on to the company, who said Dougie would not be charged for the puncture and promised to return the PS250.
This study included 401 patients who underwent CT-guided puncture examination and treatments in the 117 Hospital of the Chinese People's Liberation Army from October 2002 to October 2016.
"It was just a slow puncture that is being addressed and nobody should be worried as all the passengers will reach their destinations," she added.