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English definition of “partnership”

partnership

noun
 
 
/ˈpɑːtnəʃɪp/
WORKING TOGETHER [C, U] B2 an arrangement in which two people or organizations work together to achieve something: She's gone into partnership (= started to work together) with an ex-colleague.Acting, being or existing togetherMergers and takeovers
COMPANY [C] a company that is owned by two or more peopleActing, being or existing togetherMergers and takeoversBusinesses and enterprises
(Definition of partnership from the Cambridge Learners Dictionary © Cambridge University Press)
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