Partnership
nounverified·updated May 18, 2026
a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
Framework senses
- §1
- a contract between two or more persons who agree to pool talent and money and share profits or losses
- §2
- the members of a business venture created by contract
- §3
- a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal