A limited partnership is a business structure involving at least one general partner with management responsibility and unlimited liability, and one or more limited partners who provide capital and have limited liability, without involvement in daily operations.
For example, a real estate development project is structured as a limited partnership with one developer acting as the general partner responsible for construction and management, while 10 passive investors contribute capital as limited partners — limiting their liability to the amount they invested.
.avif)
.svg){kind=small}