partnership

noun

part·ner·ship ˈpärt-nər-ˌship How to pronounce partnership (audio)

also ˈpärd-

: the state of being a partner : participation

scientists working in partnership with each other

: a legal relation existing between two or more persons contractually associated as joint principals in a business

began a legal partnership with his uncle

: the persons joined together in a partnership

the partnership computes its net income … in a manner similar to that of an individual

J. K. Lasser

: a relationship resembling a legal partnership and usually involving close cooperation between parties having specified and joint rights and responsibilities

The band has maintained a successful partnership for 10 years.

Example Sentences

two people joined in partnership scientists working in partnership with each other The company is developing a new car in partnership with leading auto manufacturers in Japan. Their marriage is a partnership that has remained strong despite family illness. The singing duo has maintained a successful partnership for 20 years. a notable partnership between two experienced scientists in the field He joined the partnership last year. See More

Recent Examples on the Web This article was produced in partnership with Outlier Media, a news organization that runs a text messaging service to share critical information with Detroiters.

Miriam Marini, Detroit Free Press, 15 Sep. 2022 The park service already has more than 80 co-management agreements in place, including one at Canyon de Chelly National Monument, which is managed in partnership with the Navajo Nation.

Debra Utacia Krol, The Arizona Republic, 15 Sep. 2022 The series is in partnership with Rolex, which has been supporting our work and our mission for more than 75 years.

Time, 15 Sep. 2022 Based on true events, the series is in partnership with John Dryden and Brett Neichin of Lights Out.

Alex Ritman, The Hollywood Reporter, 14 Sep. 2022 Working Title Films founders Tim Bevan and Eric Fellner and CAA chieftain Bryan Lourd in partnership with LAUSD, the nation’s second-largest public school system.

Ej Panaligan, Variety, 14 Sep. 2022 The new video, made in partnership with the Colorectal Cancer Alliance and another colon cancer awareness organization, Lead From Behind, did not show the colonoscopy procedure itself, for either Reynolds or McElhenney.

Sandee Lamotte, CNN, 14 Sep. 2022 Rudy in Concert, was created by CineConcerts, in partnership with Sony Pictures.

The Indianapolis Star, 14 Sep. 2022 The Museum of Science hosts a day filled with fun and festive activities, in partnership with El Mundo Boston.

Maya Homan, BostonGlobe.com, 14 Sep. 2022 See More

Legal Definition

partnership

noun

part·ner·ship

: an association of two or more persons or entities that conduct a business for profit as co-owners see also Uniform Partnership Act compare corporation, joint venture, sole proprietorship

Note: Except in civil law as practiced in Louisiana, where a partnership, like a corporation, is considered a legal person, a partnership is traditionally viewed as an association of individuals rather than as an entity with a separate and independent existence. A partnership cannot exist beyond the lives of the partners. The partners are taxed as individuals and are personally liable for torts and contractual obligations. Each partner is viewed as the other's agent and, traditionally, is jointly and severally liable for the tortious acts of any one of the partners.

— commercial partnership

: trading partnership in this entry

— family limited partnership

: a limited partnership in which the partners are members of a family

— family partnership

: a partnership in which the partners are members of a family

— general partnership

: a partnership in which each partner is liable for all partnership debts and obligations in full regardless of the amount of the individual partner's capital contribution compare limited partnership in this entry

— limited liability partnership

: a partnership formed under applicable state statute in which the partnership is liable as an entity for debts and obligations and the partners are not liable personally

— limited partnership

: a partnership in which the business is managed by one or more general partners and is provided with capital by limited partners who do not participate in management but who share in profits and whose individual liability is limited to the amount of their respective capital contributions compare general partnership in this entry

— master limited partnership

: a limited partnership that offers interests for sale on the market

also : the interests themselves sold as securities

— mining partnership

: a partnership in which two or more persons jointly own a mining claim and actually engage in extracting minerals with the purpose of sharing profits and losses

— nontrading partnership

: a partnership that is not engaged in the buying and selling of goods

called also non-commercial partnership

compare trading partnership in this entry

— partnership at will

: a partnership whose duration is not fixed by contract and that is terminable at will by any partner

— partnership by estoppel

: a partnership created by operation of law when a defendant by words or conduct represents himself or herself to the plaintiff or to the public as a partner and the plaintiff relies on the representation to his or her detriment

— partnership in commendam

in the civil law of Louisiana : limited partnership in this entry

— trading partnership

: a partnership whose business involves the buying and selling of goods

called also commercial partnership

compare nontrading partnership in this entry

单词	partnership
释义	partnership noun part·ner·ship ˈpärt-nər-ˌship also ˈpärd- 1 : the state of being a partner : participation scientists working in partnership with each other 2 a : a legal relation existing between two or more persons contractually associated as joint principals in a business began a legal partnership with his uncle b : the persons joined together in a partnership the partnership computes its net income … in a manner similar to that of an individual J. K. Lasser 3 : a relationship resembling a legal partnership and usually involving close cooperation between parties having specified and joint rights and responsibilities The band has maintained a successful partnership for 10 years. Synonyms affiliation alliance association collaboration confederation connection cooperation hookup liaison linkup relation relationship tie-up union See all Synonyms & Antonyms Example Sentences two people joined in partnership scientists working in partnership with each other The company is developing a new car in partnership with leading auto manufacturers in Japan. Their marriage is a partnership that has remained strong despite family illness. The singing duo has maintained a successful partnership for 20 years. a notable partnership between two experienced scientists in the field He joined the partnership last year. See More Recent Examples on the Web This article was produced in partnership with Outlier Media, a news organization that runs a text messaging service to share critical information with Detroiters. Miriam Marini, Detroit Free Press, 15 Sep. 2022 The park service already has more than 80 co-management agreements in place, including one at Canyon de Chelly National Monument, which is managed in partnership with the Navajo Nation. Debra Utacia Krol, The Arizona Republic, 15 Sep. 2022 The series is in partnership with Rolex, which has been supporting our work and our mission for more than 75 years. Time, 15 Sep. 2022 Based on true events, the series is in partnership with John Dryden and Brett Neichin of Lights Out. Alex Ritman, The Hollywood Reporter, 14 Sep. 2022 Working Title Films founders Tim Bevan and Eric Fellner and CAA chieftain Bryan Lourd in partnership with LAUSD, the nation’s second-largest public school system. Ej Panaligan, Variety, 14 Sep. 2022 The new video, made in partnership with the Colorectal Cancer Alliance and another colon cancer awareness organization, Lead From Behind, did not show the colonoscopy procedure itself, for either Reynolds or McElhenney. Sandee Lamotte, CNN, 14 Sep. 2022 Rudy in Concert, was created by CineConcerts, in partnership with Sony Pictures. The Indianapolis Star, 14 Sep. 2022 The Museum of Science hosts a day filled with fun and festive activities, in partnership with El Mundo Boston. Maya Homan, BostonGlobe.com, 14 Sep. 2022 See More Word History First Known Use 1576, in the meaning defined at sense 1 Phrases Containing partnership limited liability partnership limited partnership co-partnership limited liability partnership limited partnership co-partnership Kids Definition partnership noun part·ner·ship ˈpärt-nər-ˌship : an arrangement in which people engage in an activity or business with one another or share something with each other Legal Definition partnership noun part·ner·ship : an association of two or more persons or entities that conduct a business for profit as co-owners see also Uniform Partnership Act compare corporation, joint venture, sole proprietorship Note: Except in civil law as practiced in Louisiana, where a partnership, like a corporation, is considered a legal person, a partnership is traditionally viewed as an association of individuals rather than as an entity with a separate and independent existence. A partnership cannot exist beyond the lives of the partners. The partners are taxed as individuals and are personally liable for torts and contractual obligations. Each partner is viewed as the other's agent and, traditionally, is jointly and severally liable for the tortious acts of any one of the partners. — commercial partnership : trading partnership in this entry — family limited partnership : a limited partnership in which the partners are members of a family — family partnership : a partnership in which the partners are members of a family — general partnership : a partnership in which each partner is liable for all partnership debts and obligations in full regardless of the amount of the individual partner's capital contribution compare limited partnership in this entry — limited liability partnership : a partnership formed under applicable state statute in which the partnership is liable as an entity for debts and obligations and the partners are not liable personally — limited partnership : a partnership in which the business is managed by one or more general partners and is provided with capital by limited partners who do not participate in management but who share in profits and whose individual liability is limited to the amount of their respective capital contributions compare general partnership in this entry — master limited partnership : a limited partnership that offers interests for sale on the market also : the interests themselves sold as securities — mining partnership : a partnership in which two or more persons jointly own a mining claim and actually engage in extracting minerals with the purpose of sharing profits and losses — nontrading partnership : a partnership that is not engaged in the buying and selling of goods called also non-commercial partnership compare trading partnership in this entry — partnership at will : a partnership whose duration is not fixed by contract and that is terminable at will by any partner — partnership by estoppel : a partnership created by operation of law when a defendant by words or conduct represents himself or herself to the plaintiff or to the public as a partner and the plaintiff relies on the representation to his or her detriment — partnership in commendam in the civil law of Louisiana : limited partnership in this entry — trading partnership : a partnership whose business involves the buying and selling of goods called also commercial partnership compare nontrading partnership in this entry partnership noun as in collaboration the state of having shared interests or efforts (as in social or business matters) the symphony orchestra is presenting the choral piece in partnership with the city's leading choral society Synonyms & Similar Words Relevance collaboration relationship association cooperation affiliation connection alliance merger union liaison relation interaction dealings confederation solidarity hookup integration tie-up kinship exchange symbiosis linkup reciprocity unification rapport mutualism intimacy incorporation interconnection interrelation unity business affinity togetherness company oneness companionship sympathy league attachment cahoots fellowship closeness colleagueship bed Antonyms & Near Antonyms dissolution dissociation division breakup separation split divorce disaffiliation severance alienation parting disunion estrangement See More
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partnership

noun

Synonyms

Example Sentences

Word History

Phrases Containing partnership

Kids Definition

noun

Legal Definition

noun

noun