A partner in a partnership who can't participate in the management of the partnership's business A limited partner's liability is limited to loss of his investment in the partnership
In a limited partnership the partner who does not control or manage partnership business but invests capital or other property in exchange for economic benefits, such as the right to participate in the profits of the venture
a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement; a partner whose liability to third party creditors of the partnership is limited to the amount invested by such partner in the partnership
A partner in an investment property or properties who makes an investment, expects a return, but cannot make management decisions
Owner who invests money in the business, but does not have any management responsibility or liability for losses beyond the investment
(p 137) An owner who invests money in the business but does not have any management responsibility or liability for losses beyond the investment
A partner (owner) in a partnership who can't participate in the management of the partnership's business The advantage of being a limited partner is that lenders and others generally can't sue you personally if the partnership defaults on its mortgage payments, if someone is injured on the property, and so forth
An investor in a limited partnership who has no voice in the management of the partnership LP's have limited liability and usually have priority over GP's upon liquidation of the partnership
In a limited partnership, a partner whose liability is limited to the amount of his investment in the partnership (plus any assessments and his share of undistributed partnership earnings)
A partner who has limited legal liability for the obligations of the partnership
A partner who provides capital but whose losses are limited to the amount invested The limited partner normally exercises no influence in management decisions
A unique colleague in a partnership relationship who has agreed to be liable only to the extent of his (or her) investment Limited partners, though, have no right to manage the partnership Limited partners are usually just investors or promoters who seek the tax benefits of a partnership
A partner who generally does not participate actively in the business, and whose liability is limited to the amount invested in the partnership
A partner whose participation in partnership activities is restricted, and whose personal liability for partnership debts is limited to the amount of money or other property that he or she contributed or may have to contribute