partner


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partner

n. 1) one of the co-owners and investors in a "partnership" which is an on-going business enterprise entered into for profit. A "general partner" is responsible for the debts, contracts and actions of all the partners in the business, is an equal in management decisions unless there is an agreement establishing management duties and rights, and shares in the profits and losses based on the percentage of the investment (either in money or effort) in the partnership. A "limited partner" does not share responsibility for debts beyond his/her investment, cannot share in management, and shares in profits based on a written agreement. A "silent partner" is no different from any partner except he/she is not visible to the public and has no part in day-to-day management. 2) slang for "domestic partner," usually two people living together, either homosexual or heterosexual, sharing lives and possessions, and not married. (See: partnership, limited partnership, general partner)

partner

noun abettor, accessory, accomplice, adjutor, adjuvant, aid, aider, ally, assistant, associate, coadjutant, coadjutor, cohelper, collaborator, colluder, companion, compeer, confederate, consociate, cooperator, coowner, copartner, coworker, fellow worker, helper, member of a partnership, partaker, participator, sharer, socius, teammate, teamworker, workfellow
Associated concepts: equal partner, general partner, limited partner, managing partner, nominal partner, partner in crime, silent partner, surviving partner
Foreign phrases: Cum aliquis renunciaverit societati, solviiur societas.When any partner renounces the partnership, the partnership is dissolved. Socii mei socius meus socius non est. The partner of my partner is not my partner.
See also: accessory, accomplice, assistant, associate, coactor, coadjutant, coconspirator, cohort, colleague, confederate, connect, consociate, consort, conspirer, contributor, copartner, member, participant, partisan, party
References in classic literature ?
Let it also be borne in mind that Scrooge had not bestowed one thought on Marley, since his last mention of his seven years' dead partner that afternoon.
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.
In this wild and warlike school a number of leaders have sprung up, originally in the employ, subsequently partners of Ashley; among these we may mention Smith, Fitzpatrick, Bridger, Robert Campbell, and William Sublette; whose adventures and exploits partake of the wildest spirit of romance.
Poyser's observation: it would not do for him to dance with no one besides Hetty; and remembering that Jonathan Burge had some reason to feel hurt to-day, he resolved to ask Miss Mary to dance with him the first dance, if she had no other partner.
said D'Artagnan, "there are a hundred thousand crowns for you, partner.
The two elder of the brothers were plainly not intending to linger more than a moment, but the spectacle of a bevy of girls dancing without male partners seemed to amuse the third, and make him in no hurry to move on.
Letterblair put down his glass of port and fixed on his young partner a cautious and apprehensive gaze.
I wish she had been able to dance," said his wife; "I wish we could have got a partner for her.
shouted Natasha to the whole company, and quite forgetting that she was dancing with a grown-up partner she bent her curly head to her knees and made the whole room ring with her laughter.
Trent leaned forward, but he could not hear it - only he too saw the shudder and caught the little cry which broke from the white lips of his partner.
His partner is away on a holiday, and Harold would like to push on a bit and show what he can do.
I'm going to become a partner in Berande to the extent of my bag of sovereigns--I've got over fifteen hundred of them, you know.