Investment which combines the tax benefits of a limited partnership with the liquidity of publicly traded securities.

A form of ownership in which ownership interests are publicly traded on securities exchanges and are therefore liquid.

Limited partnerships that are fully registered with the Securities and Exchange Commission (SEC) and publicly traded. They are usually oil and gas or real estate partnerships that are "spun-off" by the sponsoring company either to existing shareholders, or sold as a result of a public offering to obtain cash.

Master pension plan Match fund