Public limited partnership

Definition:

A limited partnership with an unlimited number of partners that is registered with the SEC and is available for public trading by broker/dealers.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Gross profit margin

Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold.

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