limited partnership

noun

: a partnership having one or more general partners and one or more limited partners

Examples of limited partnership in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Certain companies can make political contributions, including limited liability companies, limited liability partnerships and limited partnerships, Hays said. Cody Copeland, Fort Worth Star-Telegram, 29 July 2025 But the investors – or limited partnerships – are responsible for levies on income that's distributed. Darla Mercado, Cfp®, CNBC, 9 July 2025 Private equity firms, venture capital funds, and other businesses often use a limited partnership structure. Virginia La Torre Jeker, Forbes.com, 18 June 2025 Getty Images Investor Julia Koch is looking into buying a limited partnership in the NFL’s New York Giants, a person familiar with the matter confirmed to CNBC. Michael Ozanian, CNBC, 21 May 2025 See All Example Sentences for limited partnership

Word History

First Known Use

1791, in the meaning defined above

Time Traveler
The first known use of limited partnership was in 1791

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Cite this Entry

“Limited partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partnership. Accessed 7 Aug. 2025.

Legal Definition

limited partnership

see partnership

More from Merriam-Webster on limited partnership

Last Updated: - Updated example sentences
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