Business associate who shares equity in a firm. Bloomberg Financial Dictionary
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▪ I. partner part‧ner 1 [ˈpɑːtnə ǁ ˈpɑːrtnər] noun [countable]
1. COMMERCE a company that works with another company in a particular activity, or invests in the same activity:
• British Airways is actively seeking partners for joint ventures.
• The company and its equity partners have invested in six energy projects.
the most important partner in a partnership between two or more companies, for example the one that invests the most money:
• The company, including lead partner Ohbayashi Corp. will build a control tower for the planned airport.
a company that
merge S (= combines) with another company:
• The company is seeking a merger partner as a way to raise its capital levels.
a company that another company works with because doing so is important for its development:
• The airline was looking at TWA as a strategic partner to help it become a world airline.
2. COMMERCE someone who starts a new business with someone else by investing in it:
• Like all new business partners, the three founders of the company hoped for smooth teamwork.
ˌsleeping ˈpartner also ˌsilent ˈpartner COMMERCE
a partner who invests in a business but does not take an active part in managing it
ˌworking ˈpartner also ˌactive ˈpartner COMMERCE
a partner who takes an active part in the running of a business:
• Our proposal is that we do business together as working partners with a common interest.
3. a member of certain types of business or professional groups, for example partnerships of lawyers, architects etc:
• Donald Andres, a tax partner at accountants Ernst & Young
a full member of a partnership:
• Kohlberg Kravis Roberts & Co. is adding two general partners, further expanding its leadership.
a partner in a partnership who is less important than a senior partner, but may become a senior partner later
a very important partner who makes management decisions in a partnership:
• Mr Hielscher, formerly a senior partner, was promoted to chief operating officer and managing partner.
an important partner in a partnership:
• deals arranged by senior partners
4. also economic partner, ˈtrade partner, ˈtrading ˌpartner ECONOMICS a country that invests in another or is invested in by another, or that trades with another:
• China is an important economic partner and provider of oil for North Korea.
• Exports won't boom this year because so many of America's major trading partners are going through tough times, too.
[m0] ▪ II. partner partner 2 verb [intransitive, transitive]
to be someone's partner in a business project:
• Creative Labs have partnered another company to design and produce some of the best speakers on the market today.
partner ( up) with somebody
• The cellular phone company has partnered with a company that lays phone lines in urban areas to compete with local phone carriers.
• The company has partnered up with a number of stores to provide a flower delivery service.
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Ⅰ.
partner UK US /ˈpɑːtnər/ noun [C]
► »
Lauren opened the design studio with her business partner Myra.
»
The two companies are partners in a contract to build a new power station.
► WORKPLACE,
FINANCE a partner in sth »
He's a partner in an accounting firm.
a partner at sth »
She's a partner at a law firm.
► »
This is my partner, Alex.
→
See also ACTIVE PARTNER(
Cf. ↑
active partner),
GENERAL PARTNER(
Cf. ↑
general partner),
JUNIOR PARTNER(
Cf. ↑
junior partner),
LEAD PARTNER(
Cf. ↑
lead partner),
MANAGING PARTNER(
Cf. ↑
managing partner),
MERGER PARTNER(
Cf. ↑
merger partner),
SENIOR PARTNER(
Cf. ↑
senior partner),
SILENT PARTNER(
Cf. ↑
silent partner),
SLEEPING PARTNER(
Cf. ↑
sleeping partner),
TRADING PARTNER(
Cf. ↑
trading partner),
WORKING PARTNER(
Cf. ↑
working partner)
Ⅱ.
partner UK US /ˈpɑːtnər/ verb [I or T]
► WORKPLACE,
FINANCE partner with sb/sth »
We've partnered with virtually every company in the industry over the years.
»
As a long-term investor, I look forward to partnering with management and employees.
»
We will not be buying any companies, as our policy is to partner.