general partner

Related Terms
One of the co-owners of an unincorporated business (organized as a general partnership) who has control of the firm and, unlike limited or nominal partner, has unlimited personal liability for the firm's debts. Actions taken by one general partner are binding upon the other general partners. Also called full partner. See also limited partner.

Use 'general partner' in a Sentence

My general partner and I will be available for any questions, concerns, or for any urgent business matters that require immediate attention.
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Steve Jobs took it upon himself to bring on Tim Cook to be his General Partner and help propel Apple in a positive direction and boost sales.
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If you have a general partner you must make sure to discuss things with him before making any big decisions.
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