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词汇 general-partnership
释义 general partnership
noun[ C ]
 FINANCEukus
a company that is owned by two or more general partners who share its profits and must pay its debts if it goes bankrupt:
He will assume the CEO duties on Jan. 1, and will join the current four-member general partnership.
Compare
limited partnership

Examples of general partnership


general partnership
If the partnership is a generalpartnership then the partners bear joint and several liability.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
For this reason, all partners in a typical generalpartnership may be held liable for the wrongs committed by one partner.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The three remaining founders are reported to collectively own around a 50% interest in the group's generalpartnership.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In 1923, this generalpartnership was transformed into a stock corporation.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These states largely follow general common law principles of partnerships whether a general partnership, a limited partnership or a limited liability partnership.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Operating as a generalpartnership, the company manufactured and sold metal goods, tools, devices and materials especially for vehicles and airplanes.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Typically, a generalpartnership does not generate any tax liability on its own; instead, any tax liability is passed through to members each year.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Limited partnerships are similar to a generalpartnership except that one or more partners act as a general partner, and the rest of the partners are limited partners.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In addition, a further £3 million this year, and £20 million in each of the following three years is available for generalpartnership and support.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I would not have thought that there was any problem — even if one has 20 participants — about including other people in the generalpartnership.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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