Related Words

Limited Availability: Limited number of reservations accepted for a certain advertised rate or special offer.

Limited-Liability Instrument: A security, such as a call option, in which the owner can lose only the initial investment.

Limited-Tax General Obligation Bond: A general obligation bond of a government backed by specified or constrained revenue sources.

Limited Warranty: A warranty with certain conditions and limitations on the parts covered, type of damage covered, and/or time period for which the agreement is good.

Master Limited Partnership (MLP): A publicly traded limited partnership.

Limited Risk: The risk inherent in options contracts, which is much lower than that of a futures contract, which has unlimited risk. The maximum loss in buying a call option, for example, is the premium p . . . View Full Definition

Limited Partnership: A limited partnership is a financial affiliation that includes at least one general partner and a number of limited partners. The partnership invests in a venture, such as real estate develo . . . View Full Definition

Limited Payment Policy: Life insurance providing full life protection but requiring premiums for only part of the customer's lifetime.

Limited Recourse: Rights only to specifically stipulated assets to satisfy an unpaid debt.

Private Limited Partnership: A limited partnership with no more than 35 participants that is not registered with the SEC.