Definition of Partnership
Partnership
The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state.
A division or sharing among partners; joint possession or interest.
An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house; as, to form a partnership.
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.
See Fellowship, n., 6.
Related Definitions:
Account,
Adventure,
All,
Alliance,
Among,
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And,
Another,
Any,
As,
Association,
Be,
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Business,
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Family,
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House,
In,
Interest,
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Joint,
Labor,
Legal,
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Undertaking,
With
Partnership Quotations
All who think cannot but see there is a sanction like that of religion which binds us in partnership in the serious work of the world.
Benjamin Franklin
Friendship is essentially a partnership.
Aristotle
The poor man who enters into a partnership with one who is rich makes a risky venture.
Plautus
By the time a partnership dissolves, it has dissolved.
John Updike
It is explained that all relationships require a little give and take. This is untrue. Any partnership demands that we give and give and give and at the last, as we flop into our graves exhausted, we are told that we didn't give enough.
Quentin Crisp
All married couples should learn the art of battle as they should learn the art of making love. Good battle is objective and honest - never vicious or cruel. Good battle is healthy and constructive, and brings to a marriage the principles of equal partnership.
Ann Landers
Helped are those who create anything at all, for they shall relive the thrill of their own conception and realize a partnership in the creation of the Universe that keeps them responsible and cheerful.
Alice Walker
I would like to think that Ben and myself have begun a partnership that will take us into different areas of music that we can continue to write, enjoy and keep me involved with music other then what I do with RUSH.
Geddy Lee
The basis of our partnership strategy and our partnership approach: We build the social technology. They provide the music.
Mark Zuckerberg
There is a natural partnership between State and Commerce, and the American business community to work together to educate the United States about marketing overseas.
Lawrence Eagleburger
Partnership Translations
partnership in German is Partnerschaft
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