Limited partners invest and share profits, but do not participate in the operation of limited partnership, bear the limited liability for the limited funding for the debt of the partnership.

有限合伙人是指向有限合伙出资并分享利润，但不参与有限合伙的经营且仅以其向有限合伙的出资为限对有限合伙债务承担清偿责任的人。

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Leveraged private partnership that invests in debt of companies with significant financial or business problems, hoping to capitalize on potential turnarounds.

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For instance, prosecutors say, he was involved in manufacturing earnings and concealing debt through sham sales of poorly performing assets to an off-balance-sheet partnership run by Andrew Fastow, Enron's former chief financial officer.

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The donor would get back partnership shares equaling fair market value of the property less paid-off debt.

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