Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “limited partnership”

limited partnership

noun [C]
a company where only some of the partners have responsibility for its debts if it fails: The advantage of a limited partnership lies in various tax breaks.
(Definition of limited partnership from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of limited partnership?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “limited partnership”

Word of the Day


a girl or young woman

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More