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

These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 What kinds of trusts and limited partnerships should be formed, and what assets should be transferred as gifts? —

Janet Arzt, Forbes, 2 Oct. 2024 The general partnership that owned 75% of the company was changed to a limited partnership with restrictions stipulating that only immediate family members could own shares. —

Chloe Sorvino, Forbes, 27 Sep. 2024 The $1 billion JLF Investment Fund was shuttered some years ago and the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. —

Wendy Bowman, Robb Report, 25 Sep. 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

See more words from the same year

Dictionary Entries Near limited partnership

limited partner

limited partnership

limited payment insurance

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“Limited partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partnership. Accessed 5 Nov. 2024.

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