Limited Partnership Unit (LPU)

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Quotes of the day:

a good tooth, gets no gold

— Severin Meiland

A limited partnership unit, or LPU, is an ownership unit in a publicly traded limited partnership, or master limited partnership (MLP). This trust gives the unit holder a stake in the income generated by the partnership company. A limited partnership unit is also referred to as a master limited partnership unit or a limited partner unit.

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