- general partnership
- The ordinary partnership, as distinguished from a limited partnership or partnership association. See partnership.
Ballentine's law dictionary. Anderson, W.S.. 1998.
general partnership
Look at other dictionaries:
general partnership — see partnership Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. general partnership … Law dictionary
General partnership — In the commercial and legal parlance of most countries, a general partnership or simply a partnership, refers to an association of persons or an unincorporated company with the following major features:*Created by agreement, proof of existence… … Wikipedia
general partnership — A partnership in which every partner is fully liable to the full extent of his, her, or its net worth for all the obligations of the partnership. American Banker Glossary A partnership in which all participants are general partners . Bloomberg… … Financial and business terms
General partnership — A partnership in which all partners are general partners. * * * general partnership general partnership ➔ partnership * * * general partnership UK US noun [C] FINANCE ► a company that is owned by two or more general partners who share its profits … Financial and business terms
general partnership — tikroji ūkinė bendrija statusas Aprobuotas sritis įmonių teisė ir įmonių valdymas apibrėžtis Pagal bendrijos veiklos sutartį steigiamas ir veikiantis neribotos civilinės atsakomybės privatusis juridinis asmuo – įmonė, kurios dalyviai yra tikrieji … Lithuanian dictionary (lietuvių žodynas)
general partnership — noun : a common law partnership in which each partner has a general liability for all partnership debts and obligations in full compare limited partnership * * * a partnership in which each of the partners is fully liable for the firm s debts. Cf … Useful english dictionary
General Partnership — A arrangement by which partners conducting a business jointly have unlimited liability, which means their personal assets are liable to the partnership s obligations. Since all partners have unlimited liability, even innocent partners can be held … Investment dictionary
general partnership — a partnership in which each of the partners is fully liable for the firm s debts. Cf. limited partnership. * * * … Universalium
general partnership — gen′eral part′nership n. bus a partnership in which each of the partners is fully liable for the firm s debts Compare limited partnership … From formal English to slang
general partnership — noun a business partnership in which each partner is liable for the firms debts … Wiktionary
