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limited partner
noun
: a partner in a venture who has no management authority and whose liability is restricted to the amount of his or her investment compare general partner
Examples of limited partner in a Sentence
Recent Examples on the Web
Basic net income per common limited partner unit was $1.18, up from $0.60.
—Quartz Bot, Quartz, 8 Nov. 2024
As a limited partner, Trump does not control the day-to-day operations of the project—and has less downside if things devolve.
—Dan Alexander, Forbes, 30 Oct. 2024
The Las Vegas Raiders secured Tom Brady as a limited partner.
—Jim Reineking, USA TODAY, 18 Oct. 2024
The typical discount for a limited partner with no say in how the team is run and no path to control ownership is 20% to 25%, according to sports bankers.
—Alex Sherman, CNBC, 17 Oct. 2024
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Word History
First Known Use
1824, in the meaning defined above
Dictionary Entries Near limited partner
Cite this Entry
“Limited partner.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partner. Accessed 23 Nov. 2024.
Legal Definition
limited partner
see partner
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