Gesellschafter

"Gesellschafter" is a German term that translates to "partner" or "shareholder" in English. It refers to individuals or entities who hold ownership stakes in a partnership or company. Gesellschafter are involved in the decision-making processes and share in the profits or losses of the business based on their ownership percentage. In a limited liability company (GmbH) or similar setups, their responsibilities and risks are typically limited to their investment, protecting personal assets from business debts. Essentially, Gesellschafter play a crucial role in the governance and financial health of a business.