Limited partnership

The limited partnership is the association of several persons under a common company name to carry on a commercial business, with the characteristic that at least one partner (general partner) has unlimited liability, and at least one partner (limited partner) has liability only up to the amount of a certain capital contribution (limited partner).

Term-Nr.: 541

German: Kommanditgesellschaft (462)

Source: LK-Lötscher, 11.05.2020