What is the meaning of general partner?

Subtopics: GP 

general partner is a co-owner of a business who is liable for all debts and other obligations of the venture as well as for the management and operation of the partnership. A general partner can have control of the business and can take actions that are binding on the other partners.

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APABarry Goldsmith. (2010). general partner. Retrieved September 21, 2026, from http://smartdefine.org/general_partner/definitions/1154859
ChicagoBarry Goldsmith. 2010. "general partner" http://smartdefine.org/general_partner/definitions/1154859 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, general partner, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/general_partner/definitions/1154859>.
MLABarry Goldsmith. "general partner" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/general_partner/definitions/1154859>