Association of two or more peopleto carry on business for profit. Law generallyregards a partnership as a group of individuals,not as an entity separate from its owners.

Merriam-Webster Online Dictionary
partnership (noun)
1.
the state of being a - partner participation
2.
a) a legal relation existing between two or more persons contractually associated as joint principals in a business
b) the persons joined together in a partnership
3.
a relationship resembling a legal partnership and usually involving close cooperation between having specified and joint rights and responsibilities - parties
Merriam-Webster Online Thesaurus
partnership (noun)
the state of having shared interests or efforts (as in social or business matters)
SYNONYMS:
affiliation, alliance, collaboration, confederation, connection, cooperation, hookup, liaison, linkup, partnership, relation, relationship, tie-up, union
RELATED WORDS:
business, dealings, interaction; exchange, interconnection, interrelation, mutualism, reciprocity, symbiosis; incorporation, integration, merger, unification; affinity, attachment, closeness, intimacy, rapport, sympathy; kinship, oneness, solidarity, togetherness, unity; colleagueship, companionship, company, fellowship; bed, cahoots, league
NEAR ANTONYMS:
breakup, dissolution, disunion; division, parting, separation, severance, split; alienation, divorce, estrangement
disaffiliation, dissociation
« Back to Glossary Index
Exam Pass Guarantee

Risk Free Exam Pass Guarantee

We guarantee to help you pass the Real Estate Salesperson or Broker exams. And if you don’t pass we will refund you in full.