A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations.

What is a partnership simple definition?

variable noun. Partnership or a partnership is a relationship in which two or more people, organizations, or countries work together as partners.

What does partnership mean in a relationship?

The definition of a partnership is a relationship between two or more individuals. An example of a partnership is two businesses working together. An example of a partnership is a marriage.