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World English Dictionary
Dictionnaire Français
limited partner
lim·it·ed part·ner
(
plural
lim·it·ed part·ners
)
noun
Definition:
business partner investing but not managing:
a business partner who has no management responsibility and whose liability for company debts is limited to his or her financial stake
lim·it·ed part·ner·ship
noun
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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