Legal Dictionary

Legal Terms Made Easy to Understand

Select legal terms
A
B
C
D
E
F
G
H
I
L
M
N
O
P
Q
R
S
T
U
Legal Dictionary > General Partnership

What's a General Partnership?

An unincorporated business owned by more than one person, where all of the partners share equally in the management, profits and losses.

See Also: General Partners

Related Articles

See how we’ve reimagined the legal experience
Get Covered
Learn More
Resources

    This website is lawyer advertising and no attorney-client relationship or obligation arises from your use of this site, by submitting information through the site, or by calling our office.


    Need help with a personal matter? Our personal injury attorneys at L&F Brown handle auto accidents and slip and fall cases across the Conejo and San Fernando Valleys.


    For additional insights on estate planning and living trusts, visit ElmTree Law, a trusted resource for individuals and families planning for the future.


    Interested in more referrals? Check out the first referral platform for independent business attorneys.

    © 2026 BizCounsel, Inc.