Definition Definition

partnership - Meaning and Examples

Meaning of 'partnership' (Webster Dictionary)

1 . Partnership [ n.]
- 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