I am not sure if there is such a thing. See related link below.
Limited Liability Partnership
The limited liability company is a hybrid legal entity that has both the characteristics of a corporation and of partnership. An LLC provides its owners with corporate like protection against personal liability.
LTD is pretty much only used for limited liability companies. For example, Lucasfilm Ltd.
A general partnership is a business design in which each partner of the business is responsible for the companyâ??s debts. The actions of one partner are binding for each partner within this relationship. The abbreviation for a general partnership is GP.
The spelling PTY LTD is a corporate designation used in Australia.It is spelled out Proprietary Limited as opposed to Proprietary Unlimited. Proprietary companies are non-public corporations with less than 50 shareholders.
The ones I'm aware of (In the US) are General Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP), and Limited Liability Limited Partnership (LLLP)
LP Limited Partnership
Limited Liability Partnership
The main difference between limited liability partnership and general partnerships is limited liability. Partners of an general partnerships are liable for all debts accumulated. Partners of an limited liability partnership are enjoying limited personal liability protection. However many people may prefer to incorporate Limited Liability Company instead of an limited liability partnership.
4 types -general partnership -limited partnership -master limited partnership -limited liability partnership
limited partnership has two partners with different liability;general partners and limited partners.
The liability of various forms of business are as follows: Partnership: The liability of the partners is joint, several and unlimited. Sole proprietorship: The liability is of the proprietor is unlimited. LLP: The liability is limited by MOA and AOA.
Limited Liability Partnership
PLLC stands for Professional Limited Liability Company. It indicates that the attorney practices law through a limited liability company structure, meaning the attorney's personal assets are protected in case of legal claims against the business.
The Partnership Act of 1932 allows for a Limited Liability Partnership. In a Limited Liability Partnership, one partner is not responsible for another partner's negligence and misconduct. Depending on the state, and the partnership, there are varying degrees of limited partnership.
== == I've done a lil research because I was wondering this same thing. There is no abbreviation for partnership. It's only abbreviated when its used in conjunction with another word, like "limited partnership" (L.P. or LP). For some reason I thought there was an abbreviation for partnership alone, but I haven't been able to find one, like I'm sure you haven't either. Hope this is helpful to you! Veronica, WA
Limited Partnership. Sometimes called Limited Liability Partnership, or LLP.