partnership Definition
part·ner·ship (-s̸hip′)
noun
- the state of being a partner; participation
- the relationship of partners; joint interest; association
- an association of two or more partners in a business enterprise
- a contract by which such an association is created
- the people so associated
partnership Synonyms
partnership
n.
partnership Finance Definition
A
business that has two or more owners who agree to share profits and are liable
for any debts or losses. The partnership agreement outlines how profits and
losses are to be allocated. A partnership agreement may terminate upon the
death or withdrawal of one member, or may include other arrangements in such
situations, including allowing the remaining partner or partners to purchase
the withdrawing partners share of the business.
partnership Law Definition
n
A voluntary joining of two
or more persons to jointly carry on and profit from a single business. A
partnership is presumed to exist if the persons have agreed to proportionally
share the losses and profits from that enterprise.
limited partnership
A partnership comprised of one or more people in charge of
the business who are personally responsible for the debts of the partnership
(known as general partners) and one or more people who provide capital and
share in the profits but who do not manage the business and are responsible
only for the amount of their contribution (known as limited partners).
partnership Usage Examples
Converse of object
- forge: BLB organizes the schools links, in which teachers and head teachers have visited Beira and Bristol to forge partnerships involving four Bristol schools.
- announce: Adverse Credit Expert are pleased to announce two new partnerships with leading credit card providers.
- establish: The latter two will almost certainly establish a Caucasian partnership, with the Warsaw Pact the most likely long-term gravitational center.
- develop: Projects have often had to develop many innovative funding partnerships, which have enabled LGB youth work to thrive.
- build: It will build partnerships with the book trade to put libraries at the heart of reading promotion.
- strengthen: This seems odd given the emphasis on strengthening partnership working with district councils and others in the county and unitaries corporate assessment.
Preposition: with
- agency: NCVO will be working in partnership with other agencies in the sector to provide this service.
- stakeholder: Again, another example of promoting partnerships with all key public safety stakeholders.
Adjective modifier
- civil: Roger: I Roger, declare that I know of no legal reason why I may not form a civil partnership with Ross.
- limited: A limited partnership must have its principal place of business in Gibraltar.
- strategic: Sounds like a strategic partnership in the making, no?
- public-private: The Forest of Dean District Council has truly embraced public-private partnership to achieve the best for its community.
- English: Working with partners English Partnerships has close relationships with many key players in the design field.
- public/private: Recently I have met with CBI members on two issues of concern to you: procurement and public/private partnership, especially in the NHS.
Modifies a noun
- working: One of the strands covered in the MPS service review in 2005 dealt with partnership working.
- agreement: The terms of the tenancy granted might be affected by the terms of the partnership agreement.
- arrangement: These partnership arrangements are reviewed periodically to ensure effectiveness in delivering the councils objectives.
Noun used with modifier
- multi-agency: There is emphasis on spatial targeting and policy delivery within a multi-agency partnership framework.
- connection: Ofsted reports tell you about further education and sixth form colleges, as well as youth services and Connections partnerships.
- wicket: With runs no longer an issue, we kept attacking and rotating the bowlers but struggled to break their 7th wicket partnership.
Browse dictionary entries near partnership
- ‹ partner
- ‹ partly
- ‹ partlet
- ‹ partizan
- ‹ partitive
- ‹ partition
- ‹ partite
- ‹ partita
- ‹ partisan
- ‹ parting
- parton ›
- Parton, Dolly ›
- partook ›
- partridge ›
- partridgeberry ›
- parturient ›
- parturifacient ›
- parturition ›
- partway ›
- party ›

