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Salaried Partner |
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Salaried Partner A partner who owns a portion of a company and thus is entitled to part of its profit, but who also receives a regular salary in exchange for his/her services for the company. A salaried partner usually works for the company exclusively, while an unsalaried partner may have another job or other investments. A salaried partner may be a part of the company's management team (or even its only manager) while an unsalaried partner has little or no management role. See also: Silent 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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