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
ABSOLUTELY LOVED IT BUY IT RN
Was very happy with the customer service team when I had a question. They responded to my email quickly. The mug looks really cool, makes me laugh every time I use it and high quality. I’m in love with it. Thanks!
Haylee My name is haylee sullivan and the mug is describes everything about me and i would rate it at a 5 100% it is awesome
I’m right handed and would’ve liked it better if the handle was on right side with name facing forward instead of having verbiage facing front
girlfriend loved it :) - Ian's Girlfriend
the urge to buy it and write cum on it
Purchased this mug as a Christmas gift. Can’t wait to see the reaction!
This is to test if the Urban Dictionary store rating system is working and not showing fake 5 star reviews.
These are hilarious! Great gifts. Cost seems a bit high but i couldn’t resist.
It’s a great way to store my pencils.
I used this instead of condoms It didn’t work and now my nephew is my son
Ordering was very easy and the delivery to a different address then the billing address was done effortlessly with complete correct order. Was delivered before estimated date which was very exciting. Good job well done by all.
Funny stuff! I wish the mugs cost a bit less, I'd buy more. There's an almost unlimited supply of clever slang.
awesome. came just as ordered.
Nice cup a few words were darker than the rest. But ok
아주 좋은 머그잔 나는 죽은 아버지를 위해 시원한 머그잔을 얻었고 매우 자랑스러워했습니다.
I like the mug, it’s good quality, unfortunately the customization wasn’t correct. I got the “juff” mug and instead of the definition i had a quote from one of my friends as a bit, but it just came with the definition. I’ll still give it to him because the joke still works but I am a little disappointed.
Love the fact that Urban dictionary came up with such an accurate and quick meaning for Binger! Mug was a little pricy but God is my morning coffee so much better in this mug!!
This mug is incredible! It was a great gift for my friend named Jacob, who is definitely gay. (Even though he says he isn't 🙄)
Great mug, she loved it
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