: the state of being a partner. : a business organization owned by two or more persons who agree to share the profits and losses.

May 1, 2025 · A partnership is a formal business arrangement between two or more individuals who agree to manage and operate a business together while sharing its profits and liabilities.

A partnership is not required to be registered, but a partnership is considered as a separate legal identity from its owners only if the partnership is registered.

A partnership is a business owned by two or more people who agree to share its profits and losses. Each partner provides labor, skills, money, or property to the business.

An unincorporated business structure that two or more parties form and own together is called a partnership. These parties, called partners, may be individuals, corporations, other …

(Definition of partnership from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

Partnership or a partnership is a relationship in which two or more people, organizations, or countries work together as partners.

Partnership definition: the state or condition of being a partner; participation; association; joint interest.. See examples of PARTNERSHIP used in a sentence.

Definition of partnership noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

According to New York Partnership Law, a partnership is a voluntary, contractual association between two or more parties to carry out business for-profit as co-owners. Partnerships are …