CFI code group : Limited partnership units [EL]
Financial acronyms
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CFI code group specification as per ISO 10962:2021
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs).
Like shareholders in a corporation, the LPs have limited liability, i.e. they are only liable on debts incurred by the firm to the extent of their registered investment and they have no management authority. The GPs pay the LPs the equivalent of a dividend on their investment, the nature and extent of which is usually defined in the partnership agreement.
CFI code group attributes
1st attribute of group EL : Voting right
Indicates the kind of voting power conferred to the shareholder. Possible values are:
V
Voting ⓘ
N
Non-voting ⓘ
R
Restricted voting ⓘ
E
Enhanced voting ⓘ
2nd attribute of group EL : Ownership/transfer/sales restrictions
The ownership or transfer of the security is subject to special conditions including country-specific restrictions. Possible values are:
T
Restrictions
U
Free ⓘ
3rd attribute of group EL : Payment status
Possible values are:
F
Fully Paid
O
Nil Paid
P
Partly Paid
4th attribute of group EL : Form
Negotiability, transmission. Possible values are:
B
Bearer ⓘ
R
Registered ⓘ
N
Bearer/registered ⓘ
M
Others (miscellaneous)