limited partner

noun

1. special partner.

limited partner

noun

1. a business partner who has no management authority and no personal liability

Word History and Origins

Origin of limited partner¹

First recorded in 1905–10

Example Sentences

Now Acrew is raising a new fund aimed at bolstering diversity within the industry, not by investing in founders with atypical backgrounds, but by targeting limited partners with underrepresented backgrounds.

From Fortune

At the same time, Tiger Global seemingly has a strong case to present potential limited partners.

From TechCrunch

The pension or endowment fund becomes a limited partner, which means it simply put up money.

From The Daily Beast

In many cases, Lehman was a limited partner, with equity in the building but no immediate decision-making or funding role.

From The Daily Beast