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limited partner

limited partner

noun

  1. a business partner who has no management authority and no personal liability

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of limited partner1

First recorded in 1905–10
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Example Sentences

Examples have not been reviewed.

The Chargers welcomed Arctos as a limited partner Tuesday as NFL owners approved a sale that transferred some the team’s shares to the Dallas-based private equity firm that already has ties to the Dodgers.

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Of team ownership, he said, “The best part for me is I love football so much and the fact that I get to be involved with it for the rest of my life and showcase this great game, not just as a broadcaster, but in a limited partner role with an organization.”

From

Under the new plan, the publications will now be owned by a new registered company in England, of which RedBird IMI, led by former CNN executive Jeff Zucker, is a limited partner.

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There is nothing as limited as a limited partner.

From

Days earlier, Commanders limited partner Mitchell Rales said in an interview with David Rubenstein that the “ship has sailed” when asked about those clamoring for the Commanders to change their name back to the Redskins.

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