A partnership is an arrangement in which two or more individuals share the profits and liabilities of a business venture. Definition of partnership: A type of business organization in which two or more individuals pool money, skills, and other resources, and share profit and loss in . Define partnership: the state of being partners — partnership in a sentence.
Partnership definition, the state or condition of being a partner; participation; association; joint interest. A partnership is a form of business where two or more people share ownership. Meaning, pronunciation, example sentences, and more from Oxford Dictionaries.
A partnership is an arrangement where parties, known as partners, agree to cooperate to.
A partnership is defined as the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for . The federal government recognizes several types of partnerships. Definition: A legal form of business operation between two or more individuals who share . A business entity in which two or more co-owners contribute resources, share in profits and losses, and are individually liable for the entity’s actions. Partnership definition: Partnership or a partnership is a relationship in which two or more people, organizations.
Meaning, pronunciation, translations and . This definition explains partnership in the context of business structures and discusses the three main types of partnerships. The definition of a partnership is a relationship between two or more individuals. An example of a partnership is two businesses working together. An association of two or more persons engaged in a business enterprise in which the profits and losses are shared proportionally. Define partnership (noun) and get synonyms.
If you’re considering developing a partnership, you should become familiar with what a true partnership entails. There are several key components inherent in . Understanding and agreeing the meaning of partnership is a key starting point for all organizations and individuals involved in . Definition of PARTNERSHIP: A voluntary contract between two or more competent persons to place their money, effects, labor, and skill, or some or all of them, . Set up and run a business partnership – naming a partnership, registering with HMRC, partnership tax returns and legal responsibilities. Definition of partnership noun in Oxford Advanced Learner’s Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms .