Search results for: “limited partnership”
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Limited Partnership
A partnership formed by two or more persons having as members one or more general partners and one or more limited partners. See uniform Limited Partnership Act, §1. while civil law recog-nized limited partnerships, common law did not and limited partnership in common law […]
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Master Limited Partnership
United States Tax Concept of Master Limited Partnership A limited partnership that issues shares that are traded on the open market. This feature makes a master limited partnership a liquid investment that can be converted into cash. Although regular limited-partnership losses are considered […]
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Master Limited Partnership (Mlp)
A publicly traded limited partnership….
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Limited Liability Partnership
Limited Liability Partnership…
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Limited Liability Partnership (LLP)
Limited Liability Partnership (LLP) Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Limited Liability Partnership (LLP) in a way that is easy for anybody to understand: GENERAL PARTNERSHIP which, via […]
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Partnership
The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]
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Unlimited Liability
Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have unlimited liability….
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Limited Partner
A partner who has limited legal liability for the obligations of the partnership….
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Limited Partner
A partner who has limited legal liability for the obligations of the partnership….
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Limited
Restricted; bounded; prescribed; confined within positive bounds; restricted in duration, extent, or scope. …
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General Partnership
A partnership in which all partners are general partners….
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Limited Liability Company
Limited Liability Company…
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Partner, Partnership
A voluntary contract between two or more competent persons to place their money, effects, labor and skill or some one or all of them in lawful commerce or business, and to divide the profit and bear the loss in certain proportions. See Meehan v Valentine, 145 U.S. 611,12 S.Ct. 972, 36 L.Ed. […]
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Commandité
Concept of “Commandité” Traditional meaning of commandité in the French law history (with some legal use in England and the United States in the XIX Century) [1]: (in French) Special or limited partnership. Resources Notes and References Based on A Concise Law Dictionary of Words, […]