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
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Best Mug ever. I love having the definition for my favorite word on a stylish mug. -ShinobiScout
It was hilarious and I loved it
bloody fantastic. yes you found a real review that isn't from a bot!
So funny and fun to share. Great gift
I have a persona/troll character on Roblox named: HaunCoolGamer, I bought this bc the actual definition of Haun totally fits Haun's brand.😎 10/10: Very epic.
sicko mode mug bought this, great mug. would recommend to friends
Good quality, not cheesy.
It’s an awesome mug
it's great get it with the definition of your b and make it cuteee
Great as punctuation to an inside joke. Very expensive for a coffee cup.
Excellent communication. Prompt service. Quality product.
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Great idea to be able to offer this quality mug. I wish it would have come with the full text including examples listed on Urban Dictionary but I do love the mug. Just bought my 2nd one. Packaging is duarable and perfect for rough transit.
¡Soy profesora de español y lo voy a usar en mi clase en la universidad!
I wish the text on the back wasn’t so small—if I had to order it over again I would’ve inquired as to whether the words could be enlarged so it filled up more of the “white space” on the back
You guys are fantastic! Will continue to do business with you. Thank you so very much.
Now I have a UD mug! Good quality, nice printing, great definition!
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