special partner

special partner
a partner whose liability for the firm's debts is limited to the amount that partner has invested in the firm. Also called limited partner. Cf. general partner.
[1820-30, Amer.]

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  • Special partner — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

  • special partner — noun : a partner who may share in the profits of a general partnership registered under law, who contributes property to the capital thereof but must not exercise control over or be active in partnership affairs, and whose liability for… …   Useful english dictionary

  • special partner — A partner in a limited partnership protected against general liability for the firm debts. 40 Am J1st Partn § 511 …   Ballentine's law dictionary

  • Special — Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by the… …   The Collaborative International Dictionary of English

  • Special administration — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

  • Special agency — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

  • Special bail — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

  • Special constable — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

  • Special damage — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

  • Special demurrer — Special Spe cial, a. [L. specialis, fr. species a particular sort, kind, or quality: cf. F. sp[ e]cial. See {Species}, and cf. {Especial}.] 1. Of or pertaining to a species; constituting a species or sort. [1913 Webster] A special is called by… …   The Collaborative International Dictionary of English

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