The people and institutions that a telecommunications company maintains business relations with. Central data object in IS-T that provides a standard representation of customers, prospective customers, supplier etc. Can have different instantiations depending on the role type assigned to it (such as contact, bill recipient or payee). Business partners are assigned contract accounts.
A natural or legal person or a group of natural or legal persons not part of the business organization but with whom a business interest exists.
A natural person, organization, group of natural persons, or group of organizations in which a company has a business interest. A business partner may be a person, organization, or group within a company.
Example
A business partner is an organization or private individual in which you have a business interest. In Treasury, you assign roles (or functions) to your business partners (e.g. counterparty, issuer, borrower), which reflect the permitted business relationships. Typical partners might be banks or a central treasury department.
A legal or natural person, or group of legal or natural persons who are outside your own organization but with whom you have a business relationship.