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special partner

a partner whose liability for the firm's debts is limited to the amount that partner has invested in the firm.
Also called limited partner.
Compare general partner.
Origin of special partner
An Americanism dating back to 1820-30 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for special partner
Historical Examples
  • As he brought in a new recruit, that person had only to make good in order to become a "special partner."

    Dreamy Hollow

    Sumner Charles Britton
  • For ages it has been a special partner of the bees, giving them honey for carrying its pollen.

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