What is a limited partnership?

Definition limited partnership

How do we define: limited partnership?


Limited Partnership is a partnership with at least one general partner in which limited partners can purchase interest and be held liable only to the extent of their interest and not risk personal liability.


Every new business owner must learn about incorporating their company. Learning how to incorporate your company is critical to starting up and protecting your future.

Incorporating

Corporate Glossary


 

 

Learn more about how we define limited partnership