part

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Related to parting company: part company

part

or

component

an item (e.g. a clutch) which is used in the assembly of a final product (e.g. a car). See PARTS FAMILY CODING AND CLASSIFICATION SYSTEM, ORIGINAL EQUIPMENT, REPLACEMENT PART, AFTER-SALES CARE.
References in periodicals archive ?
The Wolves are also parting company with winger Chris Riley, who has spent most of the season on loan at Wakefield, and fringe players Jordan Burke, Danny Bridge, James Saltonstall and Gavin Bennion.
At Taunton on Thursday, Cartier Opera was 15 lengths clear at the final fence - "not too far, Aidan", I murmured - when making a blunder of Frank Spencer proportions and parting company with his rider.
The former Anfield star was linked with a job alongside new Hammers boss Sam Allardyce after parting company with the Reds earlier this week but the 52-year-old doesn't have another role lined up.