Partnership

The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state.

A division or sharing among partners; joint possession or interest.

An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house; as, to form a partnership.

A contract between two or more competent persons for joining together their money, goods, labor, and skill, or any or all of them, under an understanding that there shall be a communion of profit between them, and for the purpose of carrying on a legal trade, business, or adventure.

See Fellowship, n., 6.

a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal; "effective language learning is a partnership between school, teacher and student"; "the action teams worked in partnership with the government"

a contract between two or more persons who agree to pool talent and money and share profits or losses