| 单词 | limited partner |
| 释义 | limited partnerDefinition One of the co-owners of a business organized as limited partnership who (unlike a general partner) does not participate in the management of the firm and has limited personal liability for the firm's debts. Also called nominal partner. Use 'limited partner' in a SentenceAlthough they still kept him around as a limited partner, his multiple mistakes had led to him being restricted in his duties. One of the nightclub's owners by the name of Jeff said he has no idea what exactly happened last night at the establishment as he is only a limited partner and is not involved in the operation of he nightclub. We had consulted our legal team and had determined that labeling our new partner as a limited partner was the best strategy. |
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