n. [ Of. parçonnier, parsonnier, fr. parzon, parçun, parcion, part, portion, fr. L. partitio a division. See Partition, and cf. Partner. ] (Law) A coheir, or one of two or more persons to whom an estate of inheritance descends jointly, and by whom it is held as one estate. [ 1913 Webster ]

n. [ For parcener, influenced by part. ] 1. One who has a part in anything with an other; a partaker; an associate; a sharer. “Partner of his fortune.” Shak. Hence: (a) A husband or a wife. (b) Either one of a couple who dance together. (c) One who shares as a member of a partnership in the management, or in the gains and losses, of a business. [ 1913 Webster ]

My other self, the partner of my life. Milton. [ 1913 Webster ]

2. (Law) An associate in any business or occupation; a member of a partnership. See Partnership. [ 1913 Webster ]

3. pl. (Naut.) A framework of heavy timber surrounding an opening in a deck, to strengthen it for the support of a mast, pump, capstan, or the like. [ 1913 Webster ]

Dormant partner, or
Silent partner. See under Dormant, a. [ 1913 Webster ]

Syn. -- Associate; colleague; coadjutor; confederate; partaker; participator; companion; comrade; mate. [ 1913 Webster ]

v. t. To associate, to join. [ Obs. ] Shak. [ 1913 Webster ]

n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [ 1913 Webster ]

2. A division or sharing among partners; joint possession or interest. [ 1913 Webster ]

Rome, that ne'er knew three lordly heads before,
First fell by fatal partnership of power. Rowe. [ 1913 Webster ]

He does possession keep,
And is too wise to hazard partnership. Dryden. [ 1913 Webster ]

3. An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house; as, to form a partnership. [ 1913 Webster ]

4. (Law) A contract between two or more competent persons for joining together their money, goods, labor, and skill, or any or all of them, under an understanding that there shall be a communion of profit between them, and for the purpose of carrying on a legal trade, business, or adventure. Kent. Story. [ 1913 Webster ]

☞ Community of profit is absolutely essential to, though not necessarily the test of, a partnership. [ 1913 Webster ]

5. (Arith.) See Fellowship, n., 6. [ 1913 Webster ]

Limited partnership, a form of partnership in which the firm consists of one or more general partners, jointly and severally responsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital. --
Partnership in commendam, the title given to the limited partnership (F. société en commandité) of the French law, introduced into the code of Louisiana. Burrill. --
Silent partnership, the relation of partnership sustained by a person who furnishes capital only. [ 1913 Webster ]

n. [ For parcener, influenced by part. ] 1. One who has a part in anything with an other; a partaker; an associate; a sharer. “Partner of his fortune.” Shak. Hence: (a) A husband or a wife. (b) Either one of a couple who dance together. (c) One who shares as a member of a partnership in the management, or in the gains and losses, of a business. [ 1913 Webster ]

My other self, the partner of my life. Milton. [ 1913 Webster ]

2. (Law) An associate in any business or occupation; a member of a partnership. See Partnership. [ 1913 Webster ]

3. pl. (Naut.) A framework of heavy timber surrounding an opening in a deck, to strengthen it for the support of a mast, pump, capstan, or the like. [ 1913 Webster ]

Dormant partner, or
Silent partner. See under Dormant, a. [ 1913 Webster ]

Syn. -- Associate; colleague; coadjutor; confederate; partaker; participator; companion; comrade; mate. [ 1913 Webster ]

v. t. To associate, to join. [ Obs. ] Shak. [ 1913 Webster ]

n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [ 1913 Webster ]

2. A division or sharing among partners; joint possession or interest. [ 1913 Webster ]

Rome, that ne'er knew three lordly heads before,
First fell by fatal partnership of power. Rowe. [ 1913 Webster ]

He does possession keep,
And is too wise to hazard partnership. Dryden. [ 1913 Webster ]

3. An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house; as, to form a partnership. [ 1913 Webster ]

4. (Law) A contract between two or more competent persons for joining together their money, goods, labor, and skill, or any or all of them, under an understanding that there shall be a communion of profit between them, and for the purpose of carrying on a legal trade, business, or adventure. Kent. Story. [ 1913 Webster ]

☞ Community of profit is absolutely essential to, though not necessarily the test of, a partnership. [ 1913 Webster ]

5. (Arith.) See Fellowship, n., 6. [ 1913 Webster ]

Limited partnership, a form of partnership in which the firm consists of one or more general partners, jointly and severally responsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital. --
Partnership in commendam, the title given to the limited partnership (F. société en commandité) of the French law, introduced into the code of Louisiana. Burrill. --
Silent partnership, the relation of partnership sustained by a person who furnishes capital only. [ 1913 Webster ]