Partnership

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Definitions

Partnership

1 : the state of being a partner : participation 2 a : a legal relation existing between two or more persons contractually associated as joint principals in a business

b : the persons joined together in a partnership

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

Partner

  • 1 archaic : one that shares : partaker
  • 2 a : one associated with another especially in an action : associate, colleague
b : either of two persons who dance together
c : one of two or more persons who play together in a game against an opposing side
d : a person with whom one shares an intimate relationship : one member of a couple
  • 3 : a member of a partnership especially in a business; also : such membership
  • 4 : one of the heavy timbers that strengthen a ship's deck to support a mast —usually used in plural