The story
- Classical Persian · derived fromـدَار“holder, owner”
- Sanskrit · derived fromभाग“part, share, piece”
- Urdu · borrowed fromبَھاگْدَار
- Hindi · borrowed fromभागदार
- English todaybhagdar
Borrowed from Hindustani (Hindi भागदार (bhāgdār), Urdu بَھاگْدَار (bhāgdār)); of which the first element भाग (bhāg) / بَھاگ (bhāg) is derived from Sanskrit भाग (bhāga, “part, share, piece”), and the second one -दार (-dār) / ـدَار (-dār) is a suffix derived from Classical Persian ـدَار (-dār, “holder, owner”).
Etymology from Wiktionary, CC BY-SA 4.0.