Partner

One who is a member of a partnership (q. v.) Ostensible Partners. Those held out and known as partners, and who in reality are such. Secret Partners. Those whose relation to the partnership is concealed. Active Partners. Those who take an active part in the conduct of the business. They may be either ostensible or secret partners. —

— Silent Partners. Those who take no active part in the management of the business. They may be either ostensible or secret partners. Dormant Partners. Such as are both secret and silent partners. The term_ is sometimes applied, however, as meaning merely a secret partner, and sometimes as meaning a silent partner. Pars. Partn. §31. —

— Nominal Partners. Such as are apparently partners, but really are not. General Partners. Those members of a limited partnership whose liability is not limited by special agreement. Special Partners. Those members of a limited partnership whose liability is limited. See "Partnership." Shumaker, Partnership, 124.