What is partnership?

  • (noun): A contract between two or more persons who agree to pool talent and money and share profits or losses.
    See also — Additional definitions below


A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.

Read more about Partnership.

Some articles on partnership:

Partnership - Islamic Law
... The Qirad and Mudarabas institutions in Islamic law and economic jurisprudence were the precursors to the modern limited partnership ... These were developed in the medieval Islamic world, when Islamic economics flourished and when early trading companies, big businesses, contracts, bills of exchange and long-distance international trade were established ...
Asia-Pacific Partnership On Clean Development And Climate - Successes
... Proponents of the Partnership have lauded the APP’s achievements since its inception in 2006 ... In its over three years, the Partnership has established a record of achievement in promoting collaboration between our governments and private sector in key energy-intensive sectors and activities ... The Partnership has worked to develop and implement detailed action plans across key sectors of the energy economy, and to date has endorsed 175 collaborative projects including 22 flagship projects across all the ...
Hapshash And The Coloured Coat - Partnership
... working as a freelance journalist he opened a boutique at 488 King's Road, Chelsea in partnership with his girlfriend Sheila Cohen and John Pearse, a Savile Row ...

More definitions of "partnership":

  • (noun): The members of a business venture created by contract.

Famous quotes containing the word partnership:

    Nevertheless, no school can work well for children if parents and teachers do not act in partnership on behalf of the children’s best interests. Parents have every right to understand what is happening to their children at school, and teachers have the responsibility to share that information without prejudicial judgment.... Such communication, which can only be in a child’s interest, is not possible without mutual trust between parent and teacher.
    Dorothy H. Cohen (20th century)

    Are we bereft of citizenship because we are mothers, wives and daughters of a mighty people? Have women no country—no interests staked in public weal—no liabilities in common peril—no partnership in a nation’s guilt and shame?
    Angelina Grimké (1805–1879)

    Society is indeed a contract.... It is a partnership in all science; a partnership in all art; a partnership in every virtue, and in all perfection. As the ends of such a partnership cannot be obtained in many generations, it becomes a partnership not only between those who are living, but between those who are living, those who are dead, and those who are to be born.
    Edmund Burke (1729–1797)