Phrases with «liability partnership»

A liability partnership refers to a type of business organization where the partners are both responsible and legally liable for any debts and obligations of the company. This means that if the partnership faces financial difficulties, the partners' personal assets can be used to settle those debts. Full definition

Sentences with «liability partnership»

This private arrangement is usually legally operated in the form of a limited liability partnership with a fixed manager or management group in charge of the operation of the fund. (fundrise.com)
We utilize a wide array of corporations, limited and unlimited liability partnerships, trusts and other entities for the business and financial benefit of our clients. (barbeau.co)
Most hedge funds are structured as limited liability partnerships. (hedgefundhub.com)
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Phrases with «liability partnership»

Sentences with «liability partnership»

See also