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limited partner

limited partner

noun

  1. a business partner who has no management authority and no personal liability
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of limited partner1

First recorded in 1905–10
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Example Sentences

Under the new plan, the publications will now be owned by a new registered company in England, of which RedBird IMI, led by former CNN executive Jeff Zucker, is a limited partner.

From BBC

There is nothing as limited as a limited partner.

Days earlier, Commanders limited partner Mitchell Rales said in an interview with David Rubenstein that the “ship has sailed” when asked about those clamoring for the Commanders to change their name back to the Redskins.

But the outing will be Johnson’s first NFL game since becoming a limited partner for the Washington Commanders — and that’s significant in itself.

The NBA Hall of Famer and Commanders limited partner was on hand at the team’s headquarters to take in practice and speak with players ahead of Sunday’s 1 p.m. kickoff against the Arizona Cardinals.

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