LIMITED PARTNER Definition

Bookmark and Share

LIMITED PARTNER is a partner in a venture who has no management authority and whose liability is restricted to the amount of his or her investment.

Learn new Accounting Terms

KAIZEN BUDGETING is a budgeting approach that projects costs on the basis of future improvements, rather than current practices and methods. The key point is that the budget cannot be achieved unless improvements are made.

RIAL is a currency of Iran, Oman, and Yemen.

Suggest a Term

Enter Search Term

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