Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

master limited partnership

Read a random definition: reissuable error

A quick definition of master limited partnership:

A master limited partnership is a type of business where some people invest money and others run the business. The people who invest money are called limited partners and they can only lose the amount of money they put in. The people who run the business are called general partners and they are responsible for the debts of the business. Sometimes, the interests or shares of a master limited partnership are publicly traded, which means people can buy and sell them like stocks.

A more thorough explanation:

A master limited partnership is a type of partnership where the interests or shares are publicly traded. It is a limited partnership that allows investors to buy and sell shares in the partnership on a public exchange. This type of partnership is commonly used in the energy and natural resources industries.

For example, a company that owns oil and gas pipelines may form a master limited partnership to raise capital by selling shares to the public. Investors can buy and sell these shares on a stock exchange, just like they would with stocks in a corporation.

Master limited partnerships offer tax advantages to investors, as they are not subject to corporate income tax. Instead, the partnership's income is passed through to the individual investors, who pay taxes on their share of the income.

master lease | master of a ship

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
shaquilleoatmeal
17:09
Use that bowl size to guess, I’ll give you a hit, protein fuckin packed
1a2b3c4d26z
17:09
which garmin do you have?
1a2b3c4d26z
17:10
If that pic is of you
Kendrick album so good, I wasn't even focused on admissions today
oh i was just lisenting to him on the car ride hnome
awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
LSD+ is ad-free, with DMs, discounts, case briefs & more.