For General Partner we have terms and definitions in 5 topics. The topics are Finance, Frauds and Scams, Investing, Real Estate and Securities.

General Partner (Finance)

A participant who has unlimited liability for the obligations of a partnership.

General Partner (Frauds and Scams)

The partner in a limited or general partnership who is responsible for the management and operation of the partnership. The partner also has a fiduciary responsibility to act for the benefit of the limited partners and, ultimately, any debts taken on by the partnership.

General Partner (Investing)

The partner in a limited or general partnership who is responsible for the management and operation of the partnership. The partner also has a fiduciary responsibility to act for the benefit of the limited partners and, ultimately, any debts taken on by the partnership.

See Also: Fiduciary; Limited Partnership

General Partner (Real Estate)

A member of a partnership who has authority to bind the partnership and shares in the profits and losses of the partnership

General Partner (Securities)

The partner who has the responsibility to manage the business and affairs of a limited partnership, and who has unlimited liability.

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