- A partnership in which the liability of some, but not all, members is limited, being formed under laws permitting an individual to contribute a specified sum to the capital of the firm and then limit his liability for losses to that amount, provided compliance is had with certain established requirements. 40 Am J1st Partn §§ 504 et seq. As to the effect of writing "limited" or "ltd" after the signatures of the members of a limited partnership appended to a contract, see Bernard & Less Mfg. Co. v Packard & Calvin (CA3 Pa) 64 F 309, 310. See partnership association.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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limited partnership — see partnership Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. limited partnership … Law dictionary
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Limited partnership — A partnership that includes one or more partners who have limited liability. The New York Times Financial Glossary * * * limited partnership limited partnership ➔ partnership * * * limited partnership UK US noun [C] LAW ► a company where only… … Financial and business terms
limited partnership — komanditinė ūkinė bendrija statusas Aprobuotas sritis įmonių teisė ir įmonių valdymas apibrėžtis Pagal bendrijos veiklos sutartį steigiamas ir veikiantis neribotos civilinės atsakomybės privatusis juridinis asmuo – įmonė, kurios dalyviai yra… … Lithuanian dictionary (lietuvių žodynas)
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limited partnership — A business structure recognized in most states that allows one or more partners (called limited partners) to have limited personal liability for partnership debts, while another partner or partners (called general partners) have unlimited… … Business law dictionary