English version

private limited partnership

From Longman Business Dictionaryprivate limited partnershipˌprivate ˌlimited ˈpartnership [countable] a private partnership with LIMITED LIABILITY (=where investors do not have to sell their own assets to repay debts if the organization goes BANKRUPT (=fails financially and has to close)We are a private limited partnership, focussing on the area of information management. partnership
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