单词
general partnership
释义
general partnershipnoun[C]FINANCEuk
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acompanythat isownedby two or moregeneralpartnerswhoshareitsprofitsand mustpayitsdebtsif it goesbankrupt:He willassumetheCEOdutiesonJan. 1, and willjointhecurrentfour-membergeneralpartnership.Comparelimited partnership(Definition ofgeneral partnershipfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofgeneral partnership
general partnershipIf the partnership is ageneralpartnershipthen the partners bear joint and several liability.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.For this reason, all partners in a typicalgeneralpartnershipmay be held liable for the wrongs committed by one partner.FromWikipediaThis 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'sgeneralpartnership.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In 1923, thisgeneralpartnershipwas transformed into a stock corporation.FromWikipediaThis 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 ageneralpartnership, a limited partnership or a limited liability partnership.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Operating as ageneralpartnership, the company manufactured and sold metal goods, tools, devices and materials especially for vehicles and airplanes.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Typically, ageneralpartnershipdoes not generate any tax liability on its own; instead, any tax liability is passed through to members each year.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Limited partnerships are similar to ageneralpartnershipexcept that one or more partners act as a general partner, and the rest of the partners are limited partners.FromWikipediaThis 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 forgeneralpartnershipand support.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0I would not have thought that there was any problem — even if one has 20 participants — about including other people in thegeneralpartnership.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These 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.#https://dictionary.cambridge.org//dictionary/english/general-partnership##
