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partnership

partnership

161 2.9
A business where two or more people run it together and share the money and losses
  • noun
  • /ˈpɑːrtənərʃɪp/
translation icon : sociedad
  • After years of collaboration, their partnership has led to significant profits for both businesses.
  • form a partnership
  • business partnership
  • private partnership

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Examples

Synonyms

consortium
vspartnership
62 6.7

A group of companies or organizations that work together on a project

is a single business run by people who share profits and losses
joint venture
vspartnership
29 4.4

A business project by two or more companies that share resources, risks, and profits

is an ongoing business run together sharing profits and losses
cooperative
vspartnership
27 3.4

An organization owned and run by a group of people to help them sell or buy goods

focuses on sharing profits and losses among business owners
business relation
vspartnership
1 2.9

A connection between companies that helps them work together

means a group running one business and sharing profits and losses
co-op
vspartnership
3.8

A business owned and run by its members who share the profits

is a business where people run operations together and share profits and losses
copartnership
vspartnership
  • Archaic
7.3

A business system where workers get a share of the profits as well as wages

is an arrangement where owners share profits and losses among themselves

Compounds

An official document showing how much each person owns in a business

How Formal

limited liability
  • Specialized
4 4.4
corporation
3.7
company
1.0
partnership
161 2.9
handshake
117 1.0

Surface Forms

partnership singular
partnerships plural

Morphology

partnership = partner (transparent) = partner + ship

A standard noun-forming suffix '-ship' attaches to 'partner' to indicate the state, condition, or collective of being partners; the meaning directly follows.

Etymology

Partnership comes from the parts part, meaning 'a share', and -ship, meaning 'the state of being'. So in business a partnership is when people share work, money, and risk as one group.