GENERAL PARTNERSHIP Definition

Bookmark and Share

GENERAL PARTNERSHIP is one or more partners who are jointly and severally responsible or liable for the debts of the partnership.

Learn new Accounting Terms

UNIT COST see OBJECT COST.

FINANCIAL INSTITUTION is an institution (public or private) that collects funds (from the public or other institutions) and invests them into financial assets.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.