general partner

Definition of "general partner"
  1. An individual who collaborates with others in running a for-profit business and is personally accountable for all the business's debts and obligations
How to use "general partner" in a sentence
  1. In our business, the general partner is responsible for settling all company debts.
  2. As a general partner, her decisions can legally influence the entire organization.
  3. Since he is the general partner in the firm, he is personally liable for the company's obligations.

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