Dictionary: A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


[pahrt-ner-ship] /ˈpɑrt nərˌʃɪp/

the state or condition of being a partner; participation; association; joint interest.


the state or condition of being a partner

1570s, from partner (n.) + -ship. In the commercial sense from c.1700.

An association of two or more persons to conduct a business. In contrast to a corporation, those who engage in a partnership are liable for debts incurred by the company to the full extent of their private fortunes rather than merely to the extent of their investment.


Read Also:

  • Partnerships for peace

    noun 1. a subsidiary organization of NATO, comprising former Warsaw Pact countries that wish to be allied with NATO but have not been granted full NATO membership: established in 1994

  • Part-off

    noun 1. (Caribbean) a screen used to divide off part of a room, such as the eating place of a parlour

  • Part-of-fortune

    noun, Astrology. 1. the celestial longitude of the moon plus the celestial longitude of the ascendant minus the celestial longitude of the sun: said to connote an area of life through which one achieves emotional satisfaction.

  • Part-of-speech

    noun, Grammar. 1. any of the classes into which words in some languages, as Latin and English, have traditionally been divided on the basis of their meaning, form, or syntactic function, as, in English, noun, pronoun, verb, adverb, adjective, preposition, conjunction, and interjection. noun 1. a class of words sharing important syntactic or semantic features; […]

Disclaimer: Partnership definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.