Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Master Limited Partnership - MLP'
A limited partnership that is publicly traded, which provides the investor better liquidity than an ordinary limited partnership. The partnership must get most of its cash flow from real estate, natural resources and commodities, generally Oil and gas properties. MLP’s major advantage is the tax benefits. The profits are only taxed when the limited partners receive distributions from publicly trading. Limited partners often receive cash distributions, which are similar to dividends, on a regular basis.