TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

OUTGOING PARTNER [1 record]

Record 1 1998-11-05

English

Subject field(s)
  • Corporate Economics
DEF

A partner who, for any reason is leaving the firm. Up to the date of retirement, he/she is responsible for its debts, but from the date of departure, he/she is no longer liable, providing due notice has been given to creditors in writing and by advertisement in ... the local papers. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Économie de l'entreprise

Spanish

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