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.

At the time, limited partners were, as a rule, passive investors. —

Paul Kiel, ProPublica, 11 Dec. 2024 Interested potential investors—as controlling owners, limited partners or passive investors—are riding new waves of enthusiasm, albeit with patience. —

Meena Lakdawala-Flynn, Forbes, 20 Nov. 2024 These deductions flow directly to you as a limited partner (LP), helping to offset passive income and, under certain conditions, even active income. —

Matthew Chancey, Forbes, 20 Jan. 2025 Vince Carter and Tracy McGrady have entered the realm of ownership as the two NBA Hall of Famers become limited partners in the Buffalo Bills ownership group. —

Marc Griffin, VIBE.com, 12 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

See more words from the same year

Cite this Entry

Style

“Limited partner.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partner. Accessed 5 Feb. 2025.

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