a partner whose liability for the firm’s debts is limited to the amount that partner has invested in the firm.
noun 1. limited partnership.
noun, Law. 1. a plea that alleges special or new matter as an answer to the allegations made by the opposite side and not as a denial of them.
noun 1. Law. pleading that alleges special or new matter in avoidance of the allegations made by the opposite side. 2. pleading or arguing that ignores unfavorable features of a case. special pleading noun (law) 1. a pleading that alleges new facts that offset those put forward by the other side rather than directly admitting […]
- Special privilege
noun 1. a legally endorsed privilege granted exclusively to some individual or group