Partner

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Partner

Business associate who shares equity in a firm.

Partner

In a company, one who shares with at least one other person, jointly and severally, the right to share revenue, as well as at least some of the financial risk for the company's debts. In a general partnership, all partners share this right as well as management authority over the business. In a limited partnership, one or more general partners maintain management authority while limited partners only share in profit. In a limited liability partnership, partners may or may not have management authority and share revenue according to some predetermined arrangement. The allocation of risk differs between each of these types of partnership as well.

partner

A member of a partnership.
References in classic literature ?
Silas had to say That, he would beg to remind his comrade, brother, and partner, of the impressive passages they had read that evening; of the evident parallel in Mr Boffin's mind between them and the late owner of the Bower, and the present circumstances of the Bower; of the bottle; and of the box.
he trusted to his comrade, brother, and partner not to hesitate to set him right, and to reprove his weakness.
The time that women were considered to be at risk for infection began on the date of first intercourse, and factors potentially affecting the risk of HPV infection--the number of instances of vaginal intercourse, the number of new partners, the frequency, of use of condoms by male partners, each partner's circumcision status and each partner's number of previous partners--were summarized for the eight-month period before each HPV test.
The partners will not be able to exclude their share of the COD income if they are solvent, even though the partnership may be insolvent.
That means insurance companies will be required by law to offer domestic partners and married couples the same benefits.
Many "old guard" male partners who have seen the workplace change say women's aptitude is undeniable, but the vote's not in on whether they will strive in greater numbers to become owners.
These questions will help you decide if partner yoga is for you.
Though they remained the closest of friends for the rest of their lives and, in fact, participated on their own in many other successful partnership ventures with new partners, they were not able, at that time, to be effective partners with each other.
Also, ask yourself if you can get along and if you share a common sense of values, which are two factors many partners consider critical to their success.
The two partners should pre-select the accountants, attorneys, brokers, appraisers and other professionals, so both partners have confidence in the third-party advice to be incorporated into the venture s future decisions.
In addition to plenary sessions and panel discussions featuring industry leaders, company presentations and informal networking opportunities, the event will offer EBD's fully searchable web-based partnering system which will allow delegates to select potential partners and pre-schedule one-on-one meetings in private booths.
In contrast, women's reproductive success is linked to their ability to access external resources for themselves and their children, and thus women look for partners who can provide these resources through long-term partnerships.

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