ostensible partnera person who allows his credit to be pledged as a partner (e.g. where his name appears in the list of partners on the firm's notepaper, or where he interferes in the management of the business so as to produce in third parties a reasonable belief that he is a partner). In such a case the individual concerned is answerable and liable as if he were a partner to all who deal with the firm without having notice at the time that he is unconnected with it. See PARTNERSHIP.
Collins Dictionary of Law © W.J. Stewart, 2006
OSTENSIBLE PARTNER. One whose name appears in a firm, as a partner, and who is really such.
A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.