limited partner

noun

: a partner in a venture who has no management authority and whose liability is restricted to the amount of his or her investment compare general partner

Examples of limited partner in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In North America, Major League Baseball, the National Basketball Association, the National Hockey League and Major League Soccer have permitted private equity firms to own limited partner stakes for several years. Michael Ozanian, CNBC, 19 Dec. 2024 The Bills also expanded their ownership with the addition of 10 new limited partners for the first time in franchise history. Eric Jackson, Sportico.com, 11 Dec. 2024 The solution, Congress decided, was to exclude most income earned by limited partners. Paul Kiel, ProPublica, 11 Dec. 2024 The Buffalo Bills have added two of the biggest names in basketball to their ownership groups. NBA Hall of Famers and cousins Vince Carter and Tracy McGrady are two of the 10 limited partners added to the Bills' ownership. Gordon G. Chang, Newsweek, 11 Dec. 2024 See all Example Sentences for limited partner 

Word History

First Known Use

1824, in the meaning defined above

Time Traveler
The first known use of limited partner was in 1824

Dictionary Entries Near limited partner

Cite this Entry

“Limited partner.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partner. Accessed 30 Dec. 2024.

Legal Definition

limited partner

see partner

Last Updated: - Updated example sentences
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