partnership
Definition
- n. the members of a business venture created by contract
- n. a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
- n. a contract between two or more persons who agree to pool talent and money and share profits or losses
Word forms
- Plural
- partnerships
Example sentences
n.
The two companies formed a partnership to develop new technology.
n.
In this partnership, each partner is responsible for their share of the profits.