partner
The French abbreviation for Limited Partnership is "SNC" which stands for "Société en Nom Collectif".
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.
== == 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
I am not sure if there is such a thing. See related link below.
MS is used to address the members of a business that is run as a partnership. Then for some reason it was extended to include corporate businesses.
All partnership rights are detailed in the partnership agreement.
4 types -general partnership -limited partnership -master limited partnership -limited liability partnership
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)
If the partnership is a general partnership, all partners assume unlimited liability. However, if the partnership is a limited partnership, one or more of the partners assumes unlimited liability
partnership
If the partnership is a general partnership, all partners assume unlimited liability. However, if the partnership is a limited partnership, one or more of the partners assumes unlimited liability