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

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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 Rubenstein’s ownership group includes several limited partners, including Orioles legend Cal Ripken Jr. (also in attendance at Invest) and Grant Hill, whose father Calvin grew up in Maryland. —

Jason Clinkscales, Sportico.com, 4 Nov. 2024 Liquid exits that return real dollars back to limited partners are rewarded above unrealized gains. —

Alex Konrad, Forbes, 7 Jan. 2025 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 26 Jan. 2025.

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