Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun The state of being a partner.
  • noun A business entity in which two or more co-owners contribute resources, share in profits and losses, and are individually liable for the entity's actions.
  • noun The persons participating in such a business entity.
  • noun A relationship between individuals or groups that is characterized by mutual cooperation and responsibility, as for the achievement of a specified goal.

from The Century Dictionary.

  • noun The state or condition of being a partner; joint interest; participation with another.
  • noun Specifically In law, the relation subsisting between persons who combine their services, property, and credit for the purpose of conducting business for their joint benefit.
  • noun The contract creating the relation of partners.
  • noun A rule in arithmetic. See fellowship

from the GNU version of the Collaborative International Dictionary of English.

  • noun The state or condition of being a partner
  • noun A division or sharing among partners; joint possession or interest.
  • noun An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house.
  • noun (Law) 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.
  • noun (Arith.) See Fellowship, n., 6.
  • noun a form of partnership in which the firm consists of one or more general partners, jointly and severally responsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital.
  • noun the title given to the limited partnership (F. société en commandité) of the French law, introduced into the code of Louisiana.
  • noun the relation of partnership sustained by a person who furnishes capital only.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun The state of being associated with a partner.
  • noun An association of two or more people to conduct a business,
  • noun cricket The period when two specific batsmen are batting, from the fall of one wicket until the fall of the next; the number of runs scored during this period,

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a contract between two or more persons who agree to pool talent and money and share profits or losses
  • noun a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
  • noun the members of a business venture created by contract

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

From partner +‎ -ship.

Support

Help support Wordnik (and make this page ad-free) by adopting the word partnership.

Examples

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.

  • Cricket jargon - the number of runs scored by a pair of batsmen until one of them is dismissed and the partnership is broken.

    December 1, 2007

  • Time-share yacht?

    December 7, 2010