Partnership Definition

pärtnər-shĭp
partnerships
noun
The state of being a partner; participation.
Webster's New World
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.
American Heritage
The relationship of partners; joint interest; association.
Webster's New World
An association of two or more partners in a business enterprise.
Webster's New World
A relationship between individuals or groups that is characterized by mutual cooperation and responsibility, as for the achievement of a specified goal.
Neighborhood groups formed a partnership to fight crime.
American Heritage

Other Word Forms of Partnership

Noun

Singular:
partnership
Plural:
partnerships

Origin of Partnership

  • From partner +"Ž -ship.

    From Wiktionary

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partnership