What does general partnership mean?

Word Pronunciation & Dictionary

general partnership

Word Rarity Uncommon

Frequency: Zipf frequency 4.44 in modern English

Scrabble Score

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noun

A business partnership in which each partner is liable for the firm's debts.

general partnerships (plural)

limited partnership

limited partnership

What does general partnership mean?: A business partnership in which each partner is liable for the firm's debts.

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