Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small
General Partner
A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners) is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. (See also: partnership, limited partnership)
LA-WS2:DRU.1.4.2.130523.20011