Publicly traded partnerships that trade similar to common stock by issuing limited liability units to their shareholders. MLPs are an investment that combines the tax benefits of a limited partnership with the liquidity of publicly traded securities. MLPs are required to pay out quarterly dividends, which may be around ten percent.
master limited partnership - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"master limited partnership." YourDictionary, n.d. Web. 10 December 2018. <https://www.yourdictionary.com/master-limited-partnership>.
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master limited partnership. (n.d.). Retrieved December 10th, 2018, from https://www.yourdictionary.com/master-limited-partnership
