partner


Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia.

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 periodicals archive ?
Women who had one new sexual partner and those who had more than one had a sharp increase in risk relative to their counterparts who did not have any new partners (4.
The partnership also may have cancellation of indebtedness (COD) income, depending on whether the partner loan is recourse or nonrecourse.
And while these laws do not require employers to offer domestic partner benefits, several state legislators believe that more companies will soon face legal pressure to do so.
Owners who don't want to lose people with just those qualities sometimes promote them even when they're not truly partner material.
Supported poses involve one partner gently supporting the other in a yoga pose with the teacher's guidance.
Another frequent problem in partner relationships is the matter of fairness.
Dawson feels that his friend's trustworthiness and willingness to work make him a good bet as a partner.
A proposed sale of assets may create various conflicts: the manager wants to sell to be relieved of its duties, while the financial partner wants to avoid the burden of reinvestment; or the financial partner wants to sell for liquidity, while the manager prefers to hold for continuing fees and appreciation.
Over the past several decades, sociologists and psychologists have developed numerous theories to explain sexual behavior, mating patterns and sex partner selection.
A partner cannot convert a partnership expense into a personal expense simply by agreeing to pay it.
To avoid being the only partner with personal liability, Grigoraci followed legal advice and also formed an S corporation to become a TWA partner.
The biggest part of attaining Microsoft Gold Partner status for me is the Certification's dependency on client feedback," Dismuke said.