Limited Partnership

Categories: Venture Capital, Business and Management, Legal, ,

A limited partnership is a financial affiliation that includes at least one general partner and a number of limited partners. The partnership invests in a venture, such as real estate development or oil exploration, for financial gain. The arrangement can be public, which means you can buy into the partnership through a brokerage firm, or private. What makes it a limited partnership is that everyone but the general partners has limited liability. The most the limited partners can lose is the amount they invest.