Glossary entry

Arabic term or phrase:

شركات توصية بسيطة

English translation:

Limited partnership corporations

Added to glossary by umsarah
Jan 20, 2004 12:36
21 yrs ago
99 viewers *
Arabic term

شركات توصية بسيطة

Arabic to English Bus/Financial
It is a financial text describing the mergence of a number of corporations

Proposed translations

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Selected

Limited Partnership

شركة توصية بسيطة is when the assets and liabilities are divided between general and limited partners. Thus, limited partners in contrast to general members are liable for the debts and liabilities of the Partnership only to the amount of their stakes in the partnership's capital. This is exactly when Limited Partnership is.
Peer comment(s):

agree AhmedAMS
24 mins
agree Awad Balaish
46 mins
agree Fuad Yahya
6 hrs
agree ALI HASAN
6 hrs
agree Nado2002
7 hrs
agree Ahmed Ismail
8 hrs
agree Alaa57
5 days
agree samarh32
15 days
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4 KudoZ points awarded for this answer. Comment: "جزاكم الله خيراً"
7 hrs

partnership company

Some other time 'simple partnership company' is used.
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