LLP
(US BUSINESS LAW) limited liability partnership; a type of business organization which is a cross between a partnership and a corporation. In a private partnership, all of the partners own all the assets in common and have unlimited liability; in a corporation, the firm assets are owned by a legal "person," and shareholders are liable only for the value of their stake (equity) in the firm. Partnerships have higher risk for members, but their management can disclose a lot less and the taxes are lower. Limited/limited liability partnerships represent a compromise. In a limited partnership, one or more of the partners has unlimited liability ("general partners") and the others have liability limited to their equity stake in the firm ("limited partners"). A limited partnership is indicated by the initials "LP" after the name, e.g. Apollo Management, LP. In a limited liability partnership, all members have limited liability; specifically, the other partners of the LLP are shielded from torts for malpractice against the other partners, BUT they are legally responsible for financial claims against the whole organization. LLP liability varies somewhat by state law (several US states do not permit LLP's at all), and somewhat by the terms of the LLP agreement for that particular partnership. Apologies to Urban Dictionary for an error in the definition of private equity fund and hedge fund: both types of fund are almost never LLP's; they are often limited partnerships (LP's).
The Urban Dictionary Mug
Veryfast ship in todays world...nice quality mug....will be buying more
Gave it to my uncle and he rewarded me with a wet kiss. Best gift ever!
mug gud, got it for my gf but mug just made her pregananant. Help pliz mug says its going after my thicc mum next. pliz send help
I love the personalized mug I got from you! I never thought there were mugs available like the one I got and it's going to make the BEST holiday gift! Thank-you!!
My friend and I added a word ! Gotta get merch of it now. Thanks for the coffee mug!
Easy to order quality mug.
It’s cute and wasn’t broken when it shipped. Just smaller than expected
I got it in the mail. then The next day it was sleeping with My non Existant Gf
I thought this mug was a bear.
it is pretty good but not all of it describes me god bless all Nevaeh's
i love it i love this mug my boyfriend got this for me as a gift i love it very much i highly recommend this for you or a loved one it is very good i am planning to get my mans one on his birthday i hope he will love it thanks guys for listening
EEEEEEEEEEEEEHHAAAAAAAAAAAAAA :))))))))
This was a phrase my husband and I made up even we first started dating. We laughed so hard while submitting it. The mug is perfect!
Urban Dictionary. Mixes truth with lies. Keeps a record. Thanks for the truthful parts, bro. 🙏💪✝️
I wish I had this mug I SOOOO wish I had this mug! I never find anything that has my name on it unless I have it custom made. I'm actually quite surprised that 'Lani' is on the Urban Dictionary... And the definition is pretty accurate ;)
really awesome mug I gave this mug as a secret Santa gift and and my cousin still uses it to this day. It is truly a awesome mug and it deserves 5 stars.
i shit in it
I cumed in my pants when it arrived in the mail. no more porn, just mug
i love it. my friend loved it. yay. now i'm happy and not depressed anymore.
You can't get a mug from any other dictionary site
Review Details
Pro Customization
Create unique products with your own words and definitions
Live Preview
Personalize Your Design
Debug: Product Metadata
| Key | Value (click to copy) |
|---|---|
Copied! |
Return Policy
Made Just For You
Each product is custom-printed with your unique text, making it truly one-of-a-kind.
Defect-Free Guarantee
If your product arrives with printing defects, damage, or quality issues, we'll send you a free replacement.
Custom Orders
Due to the personalized nature of your order, we don't accept returns for change of mind or sizing issues.
Questions about your order? Contact our support team for assistance.