Publicly Traded Partnership - PTP

Filed Under » , ,
Dictionary Says

Definition of 'Publicly Traded Partnership - PTP'

A business organization owned by two or more co-owners, that is regularly traded on an established securities market. A publicly traded partnership is a limited partnership managed by two or more general partners that can be individuals, corporations or other partnerships, and that is capitalized by limited partners who provide capital, but have no management role in the partnership.

Also known as master limited partnerships or MLPs.

Investopedia Says

Investopedia explains 'Publicly Traded Partnership - PTP'

A publicly traded partnership combines certain tax benefits of a limited partnership, with the liquidity of a publicly traded security. Publicly traded partnerships must engage in certain businesses, due to limitations in the U.S. Code, including businesses related to the use of natural resources, such as petroleum and natural gas extraction and transportation.

In order to qualify for publicly traded partnership status, the partnership must generate a minimum of 90% of its income from "qualifying" sources, as determined by the U.S. Internal Revenue Service (IRS). As partnerships, they avoid the statutory corporate income tax at state and Federal levels.

Articles Of Interest

  1.

    Income Funds 101

    Income funds don't have to be bonds, there are plenty to choose from. Read up on the types of income funds and whether they fit your investment needs.

  2. Discover Master Limited Partnerships

    These unique investments provide significant tax advantages.

  3. What's the difference between publicly- and privately-held companies?

    Privately-held companies are - no surprise here - privately held. This means that, in most cases, the company is owned by the company's founders, management or a group of private investors. A ...

  4. What does 'going public' mean?

    Going public refers to a private company's initial public offering (IPO), thus becoming a publicly traded and owned entity. Businesses usually go public to raise capital in hopes of expanding; ...

  5. IPO Basics Tutorial

    What's an IPO, and how did everybody get so rich off them during the dotcom boom? We give you the scoop.

  6. Breaking Down The TSP Investment Funds

    For investors seeking growth, income AND capital preservation, the Thrift Savings Plan offered by the U.S. government is a great option to consider. In this article, we examine the five core ...

  7. Finding Bond-Like Income With Utilities

    The traditional utility sector has become a happy hunting ground for income seekers.

  8. Build A Dividend Portfolio That Grows With You

    Balance risk and return to produce adequate income despite inflation.

  9. The Power Of Dividend Growth

    Dividends may not seem exciting, but they can certainly be lucrative. Learn more here!

  10. Dividend Facts You May Not Know

    Discover the issues that complicate these payouts for investors.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Xenocurrency

    A currency that trades in markets outside of its domestic borders.

  2. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.

  3. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.

  4. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.

  5. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.

  6. Chartalism

    A non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Trading Center
http://sp.fastclick.net/ad/tr/10858-64082-15546-0?mpt=e75cf4d89d48e27ea02a83ded47cd4fd