Partnership: meaning, definitions and examples
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partnership
[ ˈpɑːrtnərʃɪp ]
business
A partnership is a business structure in which two or more individuals manage and operate a company in accordance with the terms and objectives set out in a Partnership Deed. Each partner shares the organization's profits and losses, as well as the risks and responsibilities associated with the business.
Synonyms
alliance, association, collaboration
Examples of usage
- John and Sarah entered into a partnership to start their own consulting firm.
- The partnership agreement outlined the roles and responsibilities of each partner.
Translations
Translations of the word "partnership" in other languages:
🇵🇹 parceria
- sociedade
- aliança
🇮🇳 साझेदारी
- साझेदारी का रिश्ता
- भागीदारी
🇩🇪 Partnerschaft
- Zusammenarbeit
- Kooperation
🇮🇩 kemitraan
- kerjasama
- persekutuan
🇺🇦 партнерство
- співпраця
- союз
🇵🇱 partnerstwo
- współpraca
- sojusz
🇯🇵 パートナーシップ
- 提携
- 協力関係
🇫🇷 partenariat
- association
- alliance
🇪🇸 asociación
- sociedad
- alianza
🇹🇷 ortaklık
- işbirliği
- ittifak
🇰🇷 파트너십
- 협력
- 동반자 관계
🇸🇦 شراكة
- تعاون
- تحالف
🇨🇿 partnerství
- spolupráce
- aliance
🇸🇰 partnerstvo
- spolupráca
- aliancia
🇨🇳 伙伴关系
- 合作
- 联盟
🇸🇮 partnerstvo
- sodelovanje
- zavezništvo
🇮🇸 samstarf
- samstarfssamband
- félagsskapur
🇰🇿 серіктестік
- ынтымақтастық
- одақ
🇬🇪 პარტნიორობა
- თანამშრომლობა
- ალიანსი
🇦🇿 əməkdaşlıq
- tərəfdaşlıq
- ittifaq
🇲🇽 asociación
- sociedad
- alianza
Word origin
The term 'partnership' dates back to the 16th century, derived from the Middle English word 'partener', which comes from the Old French word 'partenariat'. The concept of partnership in business has been a fundamental structure for collaboration and joint ventures throughout history, allowing individuals to combine resources and expertise for mutual benefit.
See also: partners.