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
I nutted in the mug. Loved it!!!!!!!!
I fucked this mug so hard, It became pregnant
Exactly as I ordered it. Shipping was perfect, got updates, accurate date of delivery, and no damage. This is a gift for my little brother.
i was put on a list for buying this mug. 10/10 would recommend
Great customer service and was a fun surprise for an inside joke to a coworker. 😊
Nice cup! Seems to be a quality piece.
This mug reminds me of when I was happy. When I was a wee little winker enjoying the wonders of this life!
The, "Wenomechainsama" Mug has amazing quality and an amazing definition! Can't belive my child's generation is so funny! Love - Sharen, 55, On facebook !<3
this mug reminds me of my cat, it does nothing and cant pour me a nice cup of joe. It is horrible, it doesn't tell nor does it allow me sip on it. It stops me from drinking from it, its like the mug is trying to torture me.
love this mug! Goes perfect with the Morbius meal.
Had no idea my name had a definition!!
Bought for an inside joke. Perfect.
i love the schizophrenia mug its amazing
This cute mug reminded me of a quote from an obscure biography I found quite by accident in a tiny hole-in-the-wall 2nd hand shop in Portland, ME in 1987: 'The Life and Times of Lazarus of Bethany'. Quote: " We are all walking wounded held together by the scars of our forbearance and the charity of our sisters and brothers." Truer words have never been said.
Love it . Its me down to a T
unlike most mug customization, you can say whatever the fuck you want. Bravo!
i liked that the mug had my name on it and a funny definition, i will definitely buy some for my friends(with their names of course).
I bought it as sort of a gag gift for my son and his new girlfriend and they loved it
I haven't even bought it, it smells nice
nice quality, vivid image
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