Definition of “partnership” - English Dictionary

“partnership” in British English

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partnershipnoun

uk /ˈpɑːt.nə.ʃɪp/ us /ˈpɑːrt.nɚ.ʃɪp/

B2 [ C or U ] the state of being a partner

[ C ] a company that is owned by two or more people:

the John Lewis Partnership

More examples

  • Theirs was a very productive partnership.
  • The festival is being coordinated by the city council in partnership with local schools.
  • Theirs was a partnership based on mutual respect, trust and understanding.
  • The fund-raiser involved a partnership of three local charities.
  • They've gone into partnership with a rival company.

(Definition of “partnership” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“partnership” in Business English

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partnershipnoun

uk /ˈpɑːtnəʃɪp/ us WORKPLACE, FINANCE

[ C or U ] an agreement between organizations, people, etc. to work together:

a partnership between sb/sth and sb/sth The government is promoting a partnership between the state and the private sector.
a partnership with sb/sth The Symphony has announced a new partnership with the Seattle Young Artists Festival.
build/develop/form a partnership The company has formed a partnership with a US marketing firm to try to break into that market.
in partnership with sb/sth The university works in partnership with several local businesses.
a partnership of sth The program is a local partnership of groups helping elementary students begin preparing for college.
They have signed a strategic partnership agreement with a leading mobile operator.
go/enter into a partnership He has entered into a business partnership with his former boss.

[ C ] a company which is owned by two or more people:

set up/establish/found a partnership The partnership he jointly founded, is emerging as one of the leading headhunters for senior board appointments.

(Definition of “partnership” from the Cambridge Business English Dictionary © Cambridge University Press)