partnership : Idioms & Phrases
Index
Limited partnership
- a form of partnership in which the firm consists of one or more general partners, jointly and severally responsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital.
Webster 1913
partnership certificate
-
noun a certificate showing the interests of all parties in a business partnership
WordNet
Partnership in commendam
- the title given to the limited partnership (F. société en commandité) of the French law, introduced into the code of Louisiana. Burrill.
Webster 1913
Silent partnership
- the relation of partnership sustained by a person who furnishes capital only.
Webster 1913
Special partnership
- a limited or particular partnership; a term sometimes applied to a partnership in a particular business, operation, or adventure.
