For Partnership we have terms and definitions in 16 topics. The topics are Accounting, Accounting Terms, Advocacy, Assets Based Community Developme, Business, Canadian Law, Dream, Finance, Grantmaking, International Business, Non-Profit Governance, Non-Profit Leadership, Real Estate, Restaurant, Securities and Tax.

Partnership (Accounting)

Relationship between two or more persons based on a written, oral, or implied agreement whereby they agree to carry on a trade or business for profit and share the resulting profits. Unlike a CORPORATION'S shareholders, the partnership's general partners are liable for the DEBTS of the partnership. (See GENERAL PARTNERSHIP, LIMITED LIABILITY PARTNERSHIP, LIMITED PARTNERSHIP.)

Partnership (Accounting Terms)

Relationship between two or more persons based on a written, oral, or implied agreement whereby they agree to carry on a trade or business for profit and share the resulting profits. Unlike a CORPORATION'S shareholders, the partnership's general partners are liable for the DEBTS of the partnership. (See GENERAL PARTNERSHIP, LIMITED LIABILITY PARTNERSHIP, LIMITED PARTNERSHIP.)

Partnership (Advocacy)

Individuals or organizations working together in a side-by-side effort to accomplish a common goal with a shared sense of purpose and responsibility for the outcome. See also:Collaboration

Partnership (Assets Based Community Developme)

Two or more groups or individuals joining together in a shared and mutually beneficial relationship working toward a common goal.

Partnership (Business)

A legal business relationship of two or more people who share responsibilities, resources, profits and liabilities.

Partnership (Canadian Law)

A business organization in which two or more persons carry on a business together. Partners are each fully liable for all the debts of the enterprise but they also share the profits exclusively. Many states have laws which regulate partnerships and may, for example, require some form of registration and allow partnership agreements. One of the basic advantages of partnerships is that they tend to allow business losses to be deducted from personal income for tax purposes (see also limited partner).

Partnership (Dream)

To dream of forming a partnership with a man, denotes uncertain and fluctuating money affairs. If your partner be a woman, you will engage in some enterprise which you will endeavor to keep hidden from friends.
To dissolve an unpleasant partnership, denotes that things will arrange themselves agreeable to your desires; but if the partnership was pleasant, there will be disquieting news and disagreeable turns in your affairs.

Partnership (Finance)

Shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability with respect to obligations of the group. See: General partnership, limited partnership, and master limited partnership.

Partnership (Grantmaking)

Individuals or organizations working together in a side-by-side effort to accomplish a common goal with a shared sense of purpose and responsibility for the outcome. See also:Collaboration

Partnership (International Business)

Form of business organization in which two or more co-owners form a business. In a general partnership each partner is liable for the debts of the partnership. Limited partnership permits some partners to have limited liability.

Partnership (Non-Profit Governance)

Individuals or organizations working together in a side-by-side effort to accomplish a common goal with a shared sense of purpose and responsibility for the outcome. See also:Collaboration

Partnership (Non-Profit Leadership)

Individuals or organizations working together in a side-by-side effort to accomplish a common goal with a shared sense of purpose and responsibility for the outcome. See also:Collaboration

Partnership (Real Estate)

An association of two or more individuals who carry on a continuing business for profit as co-owners. Under the law a partnership is regarded as a group of individuals rather than as a single entity. (See general partnership, limited partnership, joint venture)
Uniform Partnership Act—Full Text

Partnership (Restaurant)

A business relationship between two or more people who agree to share their resources, profits, and losses in specific portions.

Partnership (Securities)

A business entity in which two or more people agree to share equally the risks and profits of the business.

Partnership (Tax)

Two or more persons carrying on a business for profit, each partner having unlimited liability for the debts of the partnership, except in a limited partnership in which some of the partners may have limited liability.

Similar

Browse words that start with:

• Pa
• Par
• Part
• Partn
• Partnership

Browse All Terms by First Letter

Term Search