Who is a partner in a company?

A partner in a company is one of the owners. A partner is also one of two people who dance together or who play a sport or a game together, esp. when they play as a team. A person’s partner can also be the person to whom someone is married, or to whom the person is not married but with whom they have a close relationship.

How does a partnership work?

A partnership is an association or relationship between two or more individuals, corporations, trusts, or partnerships that join together to carry on a trade or business. Each partner contributes money, labour, property, or skills to the partnership. In return, each partner is entitled to a share of the profits or losses of the business.

Does partner take with?

However, in some transitive contexts "partner" does take "with" e.g. - "They took the decision to partner with another company". The verb partner has two different transitive forms - senses 1 & 3 below. The first takes "with", the third does not. In between, the intransitive sense 2, also takes "with".

Who is a silent partner in a partnership?

At least one partner must be a general partner, with full personal liability for the partnership's debts. At least one other is a silent partner whose liability is limited to the amount invested. This silent partner generally does not participate in the management or day-to-day operation of the partnership. 1