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partnership
[ pahrt-ner-ship ]
noun
- the state or condition of being a partner; participation; association; joint interest.
- Law.
- the relation subsisting between partners.
- the contract creating this relation.
- an association of persons joined as partners in business.
partnership
/ ˈɑːٲəʃɪ /
noun
- 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
- the deed creating such a relationship
- the persons associated in such a relationship
- the state or condition of being a partner
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 .
Other Word Forms
- ·貹n· noun
Word History and Origins
Origin of partnership1
Example Sentences
America’s elite universities are already deeply enmeshed with top schools abroad, from engineering partnerships with the Indian Institute of Technology to the Persian Gulf campuses of Georgetown, Texas A&M and NYU.
"This is now an opportunity for us to rethink how our food banks across the borough work together in partnership," he said.
Asked if the US was only interested in benefiting economically from Africa and not its welfare, Boulos said "our job is to promote the US interests and promote our strategic partnerships".
These included a swimming programme delivered in partnership with leisure operator GLL, the council's community boxing initiative and its mental health support event, held as part of last year's World Suicide Prevention Day, he said.
Despite promises by Capt Traoré's military government to improve security and even seeking new security partnerships with Russia, the situation remains dire with frequent attacks from insurgents.
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