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partnership

[pahrt-ner-ship]
See more synonyms for partnership on Thesaurus.com
noun
  1. the state or condition of being a partner; participation; association; joint interest.
  2. Law.
    1. the relation subsisting between partners.
    2. the contract creating this relation.
    3. an association of persons joined as partners in business.
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Origin of partnership

First recorded in 1570–80; partner + -ship
Related formspre·part·ner·ship, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words for partnership

firm, interest, tie-up, sharing, cooperation, business, union, corporation, company, society, cooperative, organization, ownership, friendship, assistance, association, help, house, brotherhood, community

Examples from the Web for partnership

Contemporary Examples of partnership

Historical Examples of partnership

  • After his admission to the bar, Mr. Chipman received him into partnership.

    Biographical Sketches

    Nathaniel Hawthorne

  • A partner has the right to draw out any, or all, of the partnership funds.

    Within the Law

    Marvin Dana

  • We formed a partnership, with a capital of sixty thousand dollars.

    Within the Law

    Marvin Dana

  • What about the thirty thousand dollars you got on that partnership swindle?

    Within the Law

    Marvin Dana

  • She had taken Anna into business with her, but the burden of the partnership had always been on Harriet.

    K

    Mary Roberts Rinehart


British Dictionary definitions for partnership

partnership

noun
    1. a contractual relationship between two or more persons carrying on a joint business venture with a view to profit, each incurring liability for losses and the right to share in the profits
    2. the deed creating such a relationship
    3. the persons associated in such a relationship
  1. the state or condition of being a partner
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for partnership

n.

1570s, from partner (n.) + -ship. In the commercial sense from c.1700.

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Online Etymology Dictionary, © 2010 Douglas Harper

partnership in Culture

partnership

An association of two or more persons to conduct a business. In contrast to a corporation, those who engage in a partnership are liable for debts incurred by the company to the full extent of their private fortunes rather than merely to the extent of their investment.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.