partnership: betekenis en definities

EngelsTyp een woord

What is partnership?

What is partnership?

  • The state of being a partner.
  • A legal contract entered into by two or more persons in which each agrees to furnish a part of the capital and labor for a business enterprise, and by which each shares a fixed proportion of profits and losses.
  • The persons bound by such a contract.
  • A relationship between individuals or groups that is characterized by mutual cooperation and responsibility, as for the achievement of a specified goal: Neighborhood groups formed a partnership to fight crime.

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