Bankrupt partner

Bankrupt partner
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English-Arabic economic glossary.

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  • General partner — A partner who has unlimited liability for the obligations of the partnership. The New York Times Financial Glossary * * * general partner general partner ➔ partner * * * general partner UK US noun [C] ► FINANCE a member of a partnership (= a… …   Financial and business terms

  • general partner — A participant who has unlimited liability for the obligations of a partnership. Bloomberg Financial Dictionary * * * general partner general partner ➔ partner * * * general partner UK US noun [C] ► FINANCE a member of a partnership (= a company… …   Financial and business terms

  • liquidating partner — A partner who accomplishes or participates in the liquidation of the firm. Garretson v Brown, 185 Pa 447, 452, 40 A 293. Under the provisions of the Uniform Partnership Act, unless otherwise agreed, the partners who have not wrongfully dissolved… …   Ballentine's law dictionary

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  • bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy …   Law dictionary

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