Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A business partnership in which the liability of some of the partners is limited to the capital those partners have invested.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law A form of partnership similar to a
general partnership , except that in addition to one or more general partners and one or more limited partners.
Etymologies
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