GP (General Partner)
A GP or General Partner is a legal entity or structure which is needed to be the owner of a limited partnership (LP). A unique characteristic of a GP structure is its unlimited liability. GPs typically act as the manager of the partnership. GP is also a general term for the individual or entity that […]
Grantor of a Trust
The person who creates the trust. The assets in the trust are supplied by the grantor. Read more: https://www.investopedia.com/terms/g/grantor.asp