American Heritage® Dictionary of the English Language, Fourth Edition
- n. The state of being a partner.
- n. A legal contract entered into by two or more persons in which each agrees to furnish a part of the capital and labor for a business enterprise, and by which each shares a fixed proportion of profits and losses.
- n. The persons bound by such a contract.
- n. A relationship between individuals or groups that is characterized by mutual cooperation and responsibility, as for the achievement of a specified goal: Neighborhood groups formed a partnership to fight crime.
Century Dictionary and Cyclopedia
- n. The state or condition of being a partner; joint interest; participation with another.
- n. Specifically In law, the relation subsisting between persons who combine their services, property, and credit for the purpose of conducting business for their joint benefit. It involves usually a reciprocal agency and a community of profits and of losses, and often a community of interest in the capital. Since one in such a relation may make himself liable as a partner to pay debts, and yet fail to secure the right to share assets, the test of what constitutes a partner varies according as merely the relation of the parties to one another is considered, or their relation to third persons dealing with the firm. For the purpose of liability to third persons, a right to share in the profits as profits, as distinguished from receiving a compensation in proportion to profits, has been deemed the general test; but it is subject to exceptions and qualifications, and in England and some other jurisdictions the test is whether the relation was such that the one sought to be held liable had constituted the other his agent to contract such obligation.
- n. The contract creating the relation of partners.
- n. A rule in arithmetic. See fellowship
- n. The state of being associated with a partner.
- n. An association of two or more people to conduct a business,
- n. cricket The period when two specific batsmen are batting, from the fall of one wicket until the fall of the next; the number of runs scored during this period,
GNU Webster's 1913
- n. The state or condition of being a partner
- n. A division or sharing among partners; joint possession or interest.
- n. An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house.
- n. (Law) A contract between two or more competent persons for joining together their money, goods, labor, and skill, or any or all of them, under an understanding that there shall be a communion of profit between them, and for the purpose of carrying on a legal trade, business, or adventure.
- n. (Arith.) See Fellowship, n., 6.
- n. a contract between two or more persons who agree to pool talent and money and share profits or losses
- n. a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
- n. the members of a business venture created by contract
- From partner + -ship. (Wiktionary)
“Linklaters is on track with its plans to move to an almost all-equity partnership, with the firm expecting its salaried ranks to account for 10 per cent of the partnership at the year-end.”
“This partnership is a key piece of the National Fish Habitat Action Plan.”
“ROBERTS: In this what you call partnership Chimerica Niall between the United States and China, who really has the power here?”
“The idea that allowing same-sex marriage overturns 4000 years of tradition in a way unlike allowing interracial marriage and unlike the change of marriage from an ownership relationship to a partnership is an idea which I have not been convinced of.”
“This Comprehensive Partnership affects you, the business community, because ultimately what fuels this partnership is the people.”
“BORGER: You know, I once did a lot of reporting trying to figure out what I called the partnership between the two of them, to try and get the sense of when they were really angry at each other and when they weren't angry at each other.”
“One of the most interesting aspects of the partnership is our joint effort to offer digital media downloads like ringtones and wallpaper via RSS feeds.”
“This partnership is a powerful tool for the terrorists in the war in Iraq.”
“It shows that such a partnership is a new kind of "superpower" in the post-Cold War world.”
“I watched those persons change and become deeply involved -- and allies is what we call our partnership between our two churches.”
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