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partnership

American  
[pahrt-ner-ship] / ˈpɑrt nərˌʃɪp /

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.

partnership British  
/ ˈpɑːtnəʃɪp /

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

  2. the state or condition of being a partner

"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
partnership Cultural  

  1. 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.

Other Word Forms

  • prepartnership noun

Etymology

Origin of partnership

First recorded in 1570–80; partner + -ship

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He hit Rashid for two fours and a six in his second over and was the aggressor in a partnership of 71 with Tom Bruce.

From BBC

He and Tom Bruce put on 71 for the fourth wicket, but it was their only notable partnership.

From Barron's

This year the couple from south Wales will celebrate 20 years since they entered into their civil partnership.

From BBC

The technology is being tested at 19 NHS sites across the UK, led by Sheffield Teaching Hospitals NHS Foundation Trust in partnership with the University of Sheffield.

From BBC

Amazon's smart doorbell company is dropping a partnership with a firm known for its surveillance services, after facing scrutiny over its privacy practices.

From BBC

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.