General partnership
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A partnership in which the parties carry on all their trade and business, whatever it may be, for the joint benefit and profit of all the parties concerned, whether the capital stock be limited or not, or the contributions thereto be equal or unequal.
Story, Partn. § 74; Bigelow v. Elliot, 3 Fed. Cas. 351; Eldridge v. Troost, 3 Abb. Praa, N. S. (N. Y.) 23.