LIMITED PARTNERSHIP - LP
A business organization with one or more partners (at least a general or full partner and a limited or nominal partner) that unite to manage a business together. The general partner assumes debts and obligations, as well as he or she manages and controls the company. On the other hand, the limited partner is only liable to the amount of money that he or she invested. He or she cannot partake in managing the company. Also, they do not get dividends but has direct access to the partnership’s cash flow of income and expenses. Both benefit from its capital gains, accelerated depreciation, and investment credits.
Also referred to as a limited liability partnership (LLP).
POPULAR TERMS
Uptick
An Uptick is a transaction or a business deal for a financial instrument that surpasses the previous transaction in price. If the price of a stock ...
Lock In Profits
Realizing the profits of a position such as buying a stock by exiting at a gain. By doing so, the portion of that investment is no longer vulnerabl ...
Profit
Profit occurs when the amount of revenue gained from a business exceeds the expenses, costs, and tax needed to maintain the business activity.
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Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
Laffer Curve
The relationship between tax rates and tax revenue collected by the government. Formed by Arthur Laffer, the curve states there is an optimal tax i ...
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