Partner's Equity
/ˈpɑːrtnərz ˈekwɪti/
Definitions
- (n.) The net value of a partner's interest in a partnership, calculated as the partner's capital contributions plus their share of profits, minus any withdrawals and losses.
The partner's equity increased after the firm reported a profitable quarter.
Forms
- partner's equity
Related terms
See also
Commentary
Partner's equity reflects the individual partner's stake in the residual assets of the partnership and is crucial for determining distributions and balancing capital accounts.
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