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Topical Terminology > General Partnership



4 Definitions

General Partnership

For General Partnership we have terms and definitions in 4 topics. The topics are Accounting, Accounting Terms, Finance and Real Estate.



General Partnership (Accounting)

is one or more partners who are jointly and severally responsible or liable for the debts of the partnership.


General Partnership (Accounting Terms)

PARTNERSHIP with no limited partners. (See LIMITED LIABILITY PARTNERSHIP and LIMITED PARTNERSHIP.)


General Partnership (Finance)

A partnership in which all participants are general partners.


See more Finance Terms ...

General Partnership (Real Estate)

In a general partnership, all the partners participate in the operation and management of the business and share full liability for business losses and obligations. (See partnership)
Uniform Partnership Act—Full Text




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