limited partnership

noun

: a partnership having one or more general partners and one or more limited partners

Examples of limited partnership 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.
This increase is due to higher compensation expenses related to limited partnership units and RSUs. Quartz Bot, Quartz, 8 Nov. 2024 The son of Robert Kraft, the Patriots’ majority owner, Jonathan explained how limited partnerships in the NFL are primed for private equity at an institutional level and with family offices. Jason Clinkscales, Sportico.com, 4 Nov. 2024 Structured as a limited partnership, ET offers a dividend yield of 7.8%. Tipranks.com Staff, CNBC, 27 Oct. 2024 Master limited partnerships are not subject to federal income taxes, but the limited partners — the investors — in them are responsible for taxes on the income that is distributed. Darla Mercado, Cfp®, CNBC, 23 Oct. 2024 See all Example Sentences for limited partnership 

Word History

First Known Use

1791, in the meaning defined above

Time Traveler
The first known use of limited partnership was in 1791

Dictionary Entries Near limited partnership

Cite this Entry

“Limited partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partnership. Accessed 25 Nov. 2024.

Legal Definition

limited partnership

see partnership

More from Merriam-Webster on limited partnership

Last Updated: - Updated example sentences
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