Investopedia contributors come from a range of backgrounds ... Luis Alvarez, Getty Images A Master Limited Partnership (MLP) is a hybrid between a partnership and a publicly traded company. There are ...

The federal government recognizes several types of partnerships. The two most common are general and limited partnerships. If your business will be owned and operated by several individuals ...

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...