private-limited partnership

private-limited partnership definition - business

private-limited partnership

A partnership with a maximum of 35 accredited partners that is able to avoid registration with the Securities and Exchange Commission.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.