# Master Limited Partnership

**IRI:** https://folio.openlegalstandard.org/R1yxgSWMdw9xy0cfuEtZKm

## Labels

**Preferred Label:** Publicly Traded Partnership

**Alternative Labels:**

- MLP
- PTP

## Definition

A Master Limited Partnership (MLP) is a publicly traded partnership primarily involved in the natural resources, real estate, and financial services sectors. MLPs combine the tax benefits of a partnership with the liquidity of publicly traded securities.

## Sub Class Of

- https://folio.openlegalstandard.org/RC3I2GwWuuKWmRJVXgxXeb

**Deprecated:** False