Financial Definition of Limited Partner
Meaning of Limited Partner
A partner who has limited legal liability for the obligations of the partnership.
Related Entries of Limited Partner in the Encyclopedia of Law Project
Browse or run a search for Limited Partner in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Limited Partner in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Limited Partner in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Limited Partner in the Legal Abbreviations and Acronyms Dictionary.
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| Resource | Description |
|---|---|
| Limited Partner in the Dictionary | Limited Partner in our legal dictionaries |
| Related topics | Browse topics from the World Wiki Encyclopedia of Law |
| Browse the Legal Thesaurus | Find synonyms and related words of Limited Partner |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Limited Partner in the World Encyclopedia of Law |
What is Limited Partner?
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| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/limited-partner | The URI of Limited Partner (more about URIs) |
United States Tax Concept of Limited Partner
Limited partners do not play an active role in the business and have limited liability for losses of the partnership. Profits and losses are passed on to limited partners. By definition limited partnerships are passive investments. Consequently, a limited partner’s deductible losses are restricted under the passive loss rules.
Limited Partner in the context of Real Property
See: Limited Partnership in this legal Dictionary.
Limited Partner in the context of Real Property
See: Limited Partnership in this legal Dictionary.
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