- The state or condition of being a partner; as, to be
in partnership with another; to have partnership in the fortunes of a
family or a state. - A division or sharing among partners; joint possession
or interest. - An alliance or association of persons for the
prosecution of an undertaking or a business on joint account; a
company; a firm; a house; as, to form a partnership. - A contract between two or more competent persons for
joining together their money, goods, labor, and skill, or any or all of
them, under an understanding that there shall be a communion of profit
between them, and for the purpose of carrying on a legal trade,
business, or adventure. - See Fellowship, n., 6.
Meaning of 'partnership' (Princeton's WordNet)
1 . partnership
[ n]
Meaning (1): - a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
Example in sentence:
effective language learning is a partnership between school, teacher and student;
the action teams worked in partnership with the government
Master Limited Partnership (MLP) Master Limited Partnership (MLP) is a partnership that sells units traded on a recognized stock exchange, has many advantages of a
Lateral partnerships Lateral partnerships is the competitors, not-for-profit organizations, or governments that join with the firm for some common goal but not for transactions.
Articles of partnership Articles of partnership is a contractual agreement that establishes the legal relationship between partners.
Domestic partnership Domestic partnership is the two unrelated adults who share a mutually caring relationship, reside together, and agree to be jointly
Global maritime partnership Global maritime partnership is an approach to cooperation among maritime nations with a shared stake in international commerce, safety, security, and freedom of the seas.
Public-Private Partnerships (PPPs) Public-Private Partnerships (PPPs) is a form of financing public investment, and sometimes the direct provision of public services, in
Partnerships Partnerships shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability with respect
Limited partner & Limited partnership Limited partner is a partner whose liability for the debts of the firm is limited to that partner’s investment in the firm.
Limited partnership refers to a partnership...
The partnership agreement Ideally, the agreement of two or more individuals to form a partnership should be expressed in a written contract, called the partnership agreement or articles of co-partnership.
Limited liability partnership (LLP) Most states allow professionals such as lawyers, doctors, and accountants to form a limited liability partnership or “LLP”. The LLP is designed to protect innocent partners...