How Publicly Traded Partnerships (PTP) Work.

Publicly traded partnerships (PTPs) are business entities that are organized as partnerships for federal income tax purposes, but which trade on a national securities exchange. PTPs are also sometimes called publicly traded limited partnerships (PTLPs). PTPs offer investors the potential for high returns, but they also involve a high degree of risk. PTPs are often … Read more

Time-Barred Debt Definition.

A “time-barred debt” is a debt for which the statute of limitations has expired. This means that the creditor can no longer sue you for the debt, and you can no longer be legally obligated to pay it. However, just because a debt is time-barred doesn’t mean it’s gone for good. The creditor may still … Read more