„Limited Partnership“

A partnership in which at least one of the partners is a general partner who conducts the business and has personal liability for the partnership debts, and at least one of the other partners is a special partner who shares in the profits and losses but their liability is limited to the sum they contribute to the partnership.

Source:

Hicks, A., & Gullett, C. (2003). Business Law (7th ed.). Toronto: Thomson Nelson.