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partnership asset


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Also see: asset

WordReference Random House Learner's Dictionary of American English © 2025
part•ner /ˈpɑrtnɚ/USA pronunciation   n. [countable]
  1. one who is associated with another;
    an associate:his partner in crime.
  2. Lawone of two or more persons who have a business and share in the risks and profits:My business partners think your company is a good investment.
  3. a husband, wife, or lover:If you or your partner is infected with the HIV virus, contact a doctor at once.
  4. either of two people who dance together, etc.:an ice-skating partner.
part•ner•ship, n. [uncountable]promises of partnership.[countable]a partnership in the new company.

WordReference Random House Unabridged Dictionary of American English © 2025
part•ner•ship  (pärtnər ship′),USA pronunciation n. 
  1. the state or condition of being a partner;
    participation;
    association;
    joint interest.
  2. Law
    • the relation subsisting between partners.
    • the contract creating this relation.
    • Lawan association of persons joined as partners in business.
  • partner + -ship 1570–80

WordReference Random House Unabridged Dictionary of American English © 2025
part•ner  (pärtnər),USA pronunciation n. 
  1. a person who shares or is associated with another in some action or endeavor;
    sharer;
    associate.
  2. Law
    • a person associated with another or others as a principal or a contributor of capital in a business or a joint venture, usually sharing its risks and profits.
    • See special partner. 
  3. See silent partner. 
  4. a husband or a wife;
    spouse.
  5. either of two people who dance together:my favorite partner in the waltz.
  6. a player on the same side or team as another:My tennis partner was an excellent player.
  7. Nautical, Naval Terms partners, a framework of timber round a hole in a ship's deck, to support a mast, capstan, pump, etc.

v.t. 
  1. to associate as a partner or partners with.
  2. to serve as the partner of.
  • Middle English partener, alteration of parcener by association with part 1250–1300
partner•less, adj. 
    • 1.See corresponding entry in Unabridged colleague, accessory, accomplice.

Collins Concise English Dictionary © HarperCollins Publishers::
partnership / ˈpɑːtnəʃɪp/
  1. a contractual relationship between two or more persons carrying on a joint business venture with a view to profit, each incurring liability for losses and the right to share in the profits
  2. the deed creating such a relationship
  3. the persons associated in such a relationship
  4. the state or condition of being a partner

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