limited partnership - vertaling naar grieks
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limited partnership - vertaling naar grieks

FORM OF PARTNERSHIP
Limited Partnership; Societe en Commandite; Kommanditgesellschaft auf Aktien; KGaA; Limited partnerships; Société en commandite; Limited partner; Limited partners; Limited Partnerships; Limited Partnerships Act 1907

limited partnership         
ετερόρρυθμη εταιρεία
ετερόρρυθμη εταιρεία         
limited partnership
general partnership         
ASSOCIATION OF PERSONS OR UNINCORPORATED COMPANY FOR TRADE PURPOSES
General Partnership; General partners; General partnerships; General Partner
ομόρρυθμη εταιρεία

Definitie

limited partnership
n. a special type of partnership which is very common when people need funding for a business, or when they are putting together an investment in a real estate development. A limited partnership requires a written agreement between the business management, who is (are) general partner or partners, and all of the limited partners. Each limited partner makes an investment of funds into the partnership and is supposed to receive a pre-stated share of the profit, which is ordinarily greater than that of each of the general partners up to a point (such as return of the investment), and, thereafter, the limited partners will receive a lesser share than the general partner(s). The limited partners also will receive the tax benefit of a "passed through" loss (a personal income tax deduction for part of the loss) during the development stages of the partnership when the expenses exceed any receipts. Quite often there is also a provision for eventual buy-out of the limited partners by the general partner(s). The limited partners may not participate in the management decisions of the partnership or they will lose their limited partnership status. They do have the power to vote to remove the general partner(s), although usually the partnership agreement is structured so that such removal is virtually impossible unless the general partner in question has committed fraud. Since the limited investors have no control of the conduct over the partnership, they should make sure they have considerable knowledge about the reputation and record of the general partner(s) and the type of business. In fact, state laws require that there be some pre-existing acquaintanceship between the general and the limited partners or a detailed prospectus provided by the general partner(s) meeting very stringent and specific federal requirements of disclosure. The maximum number of limited partners is set by state law to prevent using interests in the limited partnership as if they were shares of stock in a corporation. In addition to priority in profit, tax deductions, and potential share in the success of the enterprise, the limited partner is "limited" in potential loss, since all he/she can lose is his/her investment, and the general partners alone are subject to claims, debts in bankruptcy and lawsuits against the partnership. Limited partnerships must file their name and names and addresses of general partners with the Secretary of State or other designated officer in the state in which the partnership is created so the public can find out who the responsible parties are. Like a corporation, a limited partnership may not have a name which is too similar to another limited partnership or corporation. See also: corporation general partner limited liability partner partnership

Wikipedia

Limited partnership

A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner. Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability.

The GPs are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership.

As in a general partnership, the GPs have actual authority, as agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary course the limited partnership's activities or activities of the kind carried on by the limited partnership binds the limited partnership only if the act was actually authorized by all the other partners."

Voorbeelden uit tekstcorpus voor limited partnership
1. The deal, worth 3m, will see Avanti roll out its advertising screens across shopping centres owned by Mall Limited Partnership.
2. Many of them are opting to convert from limited partnership companies to private shareholding companies in preparation to going public.
3. The total capital for the limited partnership company is SR150 million with total 61' partners, Madinah newspaper reported.
4. The geologist founded a limited partnership called STX with businessman Beny Steinmetz, who was responsible for the financing side.
5. After the offering, ACE Aviation will own 87.5 percent of Aeroplan Limited Partnership, or 85.6 percent if all of the overallotment is used.