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| Definitions by InvestorWords.com |
| What is...? |
| Limited Partnership A business organization with one or more general partners, who manage the business and assume legal debts and obligations, and one or more limited partners, who do not participate in day-to-day operations and are liable only to the extent of their investments. see also accredited investor, anticipated holding period, blind pool, direct participation program, master limited partnership, private limited partnership, public limited partnership, resyndication limited partnership, sponsor, venture capital limited partnership. |
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