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Active Partner |
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Active Partner In a partnership, a partner who both owns a share in the company's equity and is responsible for the overall management of the company. An active partner sometimes (but not always) provides capital in order to fund the company's operations. An active partner often has unlimited liability in case the company fails. See also: General Partner. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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