Partner

(redirected from partners)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

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 ?
And what are we to do for a proper partner for her?
Any one of these partners would have disinherited his son on the question of rebuilding Tellson's.
We have no doubt his liberality is well represented by his surviving partner,' said the gentleman, presenting his credentials.
At those times, I would decide conclusively that my disaffection to dear old Joe and the forge, was gone, and that I was growing up in a fair way to be partners with Joe and to keep company with Biddy - when all in a moment some confounding remembrance of the Havisham days would fall upon me, like a destructive missile, and scatter my wits again.
The first few days which the partners spent at the Opera were given over to the delight of finding themselves the head of so magnificent an enterprise; and they had forgotten all about that curious, fantastic story of the ghost, when an incident occurred that proved to them that the joke--if joke it were--was not over.
None of the partners were competent to undertake such a work.
His behavior at cards had a lofty distinction which everybody noticed: he never complained; he praised his adversaries when they lost; he did not rebuke or teach his partners by showing them how they ought to have played.
Fogg's usual partners at whist: Andrew Stuart, an engineer; John Sullivan and Samuel Fallentin, bankers; Thomas Flanagan, a brewer; and Gauthier Ralph, one of the Directors of the Bank of England-- all rich and highly respectable personages, even in a club which comprises the princes of English trade and finance.
Occasionally, but seldom, he played at whist, and then care was taken to select partners worthy of him -- sometimes they were ambassadors, sometimes archbishops, or sometimes a prince, or a president, or some dowager duchess.
Mary had heard herself mentioned to Miss Bingley as the most accomplished girl in the neighbourhood; and Catherine and Lydia had been fortunate enough never to be without partners, which was all that they had yet learnt to care for at a ball.
The Lord and Lady of the May, though their titles must be laid down at sunset, were really and truly to be partners for the dance of life, beginning the measure that same bright eve.
They had come thither, not as friends nor partners in the enterprise, but each, save one youthful pair, impelled by his own selfish and solitary longing for this wondrous gem.

Full browser ?