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Noun: partnership  'paa(r)t-nu(r),ship
  1. The members of a business venture created by contract
  2. A cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
    "effective language learning is a partnership between school, teacher and student"; "the action teams worked in partnership with the government"
  3. A contract between two or more persons who agree to pool talent and money and share profits or losses

Derived forms: partnerships

Type of: business, business concern, business organisation [Brit], business organization, concern, contract, human relationship, relationship

Encyclopedia: Partnership