Monday, 5 June 2017

Know partners other than your life partner

Today’s English
June 5th, 2017

1. Sleeping partner/ silent partner

A person who invests money into a business but not actually involved in running it is known as a sleeping partner or silent partner.

2. Working partner / active partner

One who owns and runs a company actively involved with it along with other people is a working or active partner.

3. Birth partner

A friend or family member who stays with and support a woman at the time of issuing a baby is called as a birth partner.

4. Sparring partner

It refer to a person with whom you practice boxing.  It also denotes anyone you have friendly arguments with.

5. Trading partner

A country or region buying or selling goods to another one is a trading partner.

6. General partner

One of the partners in a partnership who shares its profits and debts is a general partner.

7. Global partner

Two or more firms from different parts of the world work as a team to produce better results.  Each such a firm is a global partner in their group.

8. Channel partner
Channel partners are those such as dealers, distributors and sales agents through whom a company sells its products.

9. Junior partner

A company which is one of the partners but has less power and influence is a junior partner.

10. Senior partner

Companies which are partners but have more power and influence on others are senior partners.

“For me, marriage should be about partnership. How can you love someone you have to take care of like a child all the time? A wife is supposed to be a partner, and yes partners help each other when they need it, but they are supposed to be together because they want to in my book, not because one needs the other.”

- Lynsay Sands, A Quick Bite

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