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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Partnership  

Definition 1.

Shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability with respect to obligations of the group. See: General partnership, limited partnership, and master limited partnership.
 

Definition 2.

Definition 1
 

Definition 3.

A business organization in which two or more individuals manage and operate the business. Both owners are equally and personally liable for the debts from the business.
 
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