special partner
noun
a partner whose liability for the firm's debts is limited to the amount that partner has invested in the firm.
Origin of special partner
1An Americanism dating back to 1820–30
- Also called limited partner.
- Compare general partner.
Words Nearby special partner
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use special partner in a sentence
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 BrittonDefine special partner as used in connection with limited partnerships.
For ages it has been a special partner of the bees, giving them honey for carrying its pollen.
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