Partner

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Partner

Business associate who shares equity in a firm.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

partner

A member of a partnership.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in classic literature ?
'I mean, partner,' replied Venus, slowly, 'that it's hardly possible for a man to feel in a more amiable state towards another man than I do towards you at this present moment.
'You must be wandering in your mind, partner,' Silas remonstrated.
'But what has that got to do with your art, partner?' asked Wegg, in an insinuating tone.
'Partner,' said Wegg, even more insinuatingly than before, 'I propose that we cut it in half, and each keep a half.'
Venus shook his shock of hair, as he replied, 'It wouldn't do to mutilate it, partner. It might seem to be cancelled.'
'Partner,' said Wegg, after a silence, during which they had contemplated one another, 'don't your speaking countenance say that you're a-going to suggest a middle course?'
Venus shook his shock of hair as he replied, 'Partner, you have kept this paper from me once.
You're welcome to it, partner, in a spirit of trust and confidence.'
He then proposed 'A cup of tea, partner?' To which Mr Wegg returned, 'Thank'ee, partner,' and the tea was made and poured out.
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.
The dogs had laid down in the snow, and he walked past them to join his partner in the sled.
"You needn't stray off too far in doin' it," his partner admonished.

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