Legal Definitions - ostensible partner

Definition: An ostensible partner is a person who is held out as a partner in a firm or business but who has no actual interest in the partnership. They are also known as a nominal partner or partner by estoppel.

Example: John is introduced to clients as a partner in a law firm, but he does not actually own any part of the firm. He is an ostensible partner.

This example illustrates how an ostensible partner is someone who is presented as a partner in a business, but they do not actually have any ownership or management responsibilities. They may be introduced to clients or the public as a partner, but they do not have any legal rights or obligations as a true partner would.