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Limited Partnership
A business structure in which at least one partner has unlimited liability, while other partners have limited liability and limited control over management.
General Partnership
A type of business partnership where all partners share in the management of the business and are personally liable for the business's debts.
Charging Order
A legal order issued by a court directing the person or entity that owes money to a debtor to pay the debtor's creditor, effectively allowing the creditor to intercept funds or assets owed to the debtor.
Limited Partner
An investor in a partnership who is only liable for the amount of their investment and does not actively manage the business.
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