partnership definition

  • noun:
    • their state to be someone.
    • A legal contract entered into by two or more persons in which each agrees to furnish a part of the capital and labor for a business enterprise, and by which each shares a fixed proportion of profits and losses.
    • The persons limited by these types of a contract.
    • A relationship between people or groups which characterized by shared cooperation and duty, as for the accomplishment of a specified goal: Neighborhood teams formed a partnership to battle criminal activity.
    • their state to be related to a partner.
    • a link of a couple of people to carry out a small business,
    • the time when two certain batsmen are batting, from the autumn of one wicket until the fall regarding the after that; the number of runs scored in those times,
    • their state or condition to be a partner
    • A division or sharing among lovers; joint control or interest.
    • An alliance or connection of persons when it comes to prosecution of an undertaking or a small business on shared account; an organization; a firm; a residence.
    • A contract between several skilled people for joining together their money, goods, work, and skill, or any or them, under knowledge there shall be a communion of profit between them, and for the function of carrying on a legal trade, company, or adventure.
    • See Fellowship, n., 6.
    • The state or condition to be someone; combined interest; involvement with another.
    • exclusively in-law, the relation subsisting between persons just who combine their particular services, property, and credit for the purpose of carrying out business because of their shared advantage.
    • The agreement producing the relation of partners.
    • A rule in arithmetic. See fellowship
    • a contract between a couple of persons just who accept pool talent and cash and share earnings or losses
    • a cooperative commitment between folks or teams just who accept share responsibility for achieving some specific objective
    • the members of a business venture created by contract

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