PARTNERSHIP n.
See Fellowship, n., 6. Limited partnership, a form of partnership in which the firm consists of one or more general partners, jointly and severally responsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital…
PERIOD n.
A portion of time as limited and determined by some recurring phenomenon, as by the completion of a revolution of one of the heavenly bodies; a division of time, as a series of years, months, or days, in which something is completed, and ready to recommence and go on in the same order; as, the period of the sun, or the…
PINUS n.
isphere. The genus formerly included the firs, spruces, larches, and hemlocks, but is now limited to those trees which have the primary leaves of the branchlets reduced to mere scales, and the secondary ones (pine needles) acicular, and usually in fascicles of two to seven. See Pine.
QUALIFIED a.
Modified; limited; as, a qualified statement. Qualified fee (Law), a base fee, or an estate which has a qualification annexed to it, the fee ceasing with the qualification, as a grant to A and his heirs, tenants of the manor of Dale. -- Qualified indorsement (Law), an indorsement which modifies the liability of the in…