An extremely preppy store for young girls in which they can purchase grossly overpriced cloth garments equal to in quality the same cloth garments avalible for purchase in their local Mall-Wart.
by Blizzleair November 10, 2003
Get the Limited Too mug.(US BUSINESS LAW) 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).
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 limited liability partnership is a popular form of business organization for lawyers and other professionals.
by Abu Yahya September 2, 2010
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Slang definition for things that used to be lit but isn't anymore. Usually, do to overhype like Pokemon GO.
by Gravvie.Boatte May 3, 2018
Get the Litted out mug.The definition of Pulling, but not not getting past the third base.
Sub-Definitions - 1st base = Tashing On
- 2nd base = Any form of action from the extremities that causes sexual stimulation of a sexual organ
- 3rd base = Any form of action from the oral area that causes sexual stimulation of a sexual organ
Sub-Definitions - 1st base = Tashing On
- 2nd base = Any form of action from the extremities that causes sexual stimulation of a sexual organ
- 3rd base = Any form of action from the oral area that causes sexual stimulation of a sexual organ
"Oi Pete what base did you get to last night?" asked Samson
"Only 2nd, the chick 'wasn't ready' for anything more" said Pete with embarrassment on his face.
"So basically it was Pulling; with limited action" saidly Pete
"Only 2nd, the chick 'wasn't ready' for anything more" said Pete with embarrassment on his face.
"So basically it was Pulling; with limited action" saidly Pete
by HPVARROCK September 18, 2013
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the biggest PreP store in the world! a shop for girls who's "daddies" are high payed stuck ups w/ enough money to buy them the $50 shirts!most likley they'll be future cheerleaders n sluts.
by Abby G. May 13, 2005
Get the limited too mug.Me: Hoi
Bragger: L0L 1 H4S L1M1T3D 1T3MS J00 D0N'T
Me: I do have limited items I don't brag about it
Bragger: L0L U L14R I R3P0RTZ U C0S L1E N00B
Me: Check my profile then
Bragger: L0L 1 H4S L1M1T3D 1T3MS J00 D0N'T
Me: I do have limited items I don't brag about it
Bragger: L0L U L14R I R3P0RTZ U C0S L1E N00B
Me: Check my profile then
by crunchyorange August 23, 2019
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