partnershippart·ner·ship /ˈpɑːtnəʃɪpˈpɑːrtnər-/ noun1[countableC] a relationship between two people, organizations, or countries that work togetherpartnership betweenthe partnership between US capital and Mexican labor
→ public-private partnership2[uncountableU] the situation of working together in businessBiogen developed the drug, which is marketed in partnership with another company.
He went into partnership with the owner of a cement factory.
3[countableC]LAWFINANCE a business organization made up of a group of accountants, lawyers etc who work together, or of a group of investorsthe Canadian partnership of the accounting firm PriceWaterhouseCooper
Prime sold a 65% stake in Howard Johnson to aninvestment partnership for $200 million.
→ general partnership → limited partnership → private limited partnership → private partnership → public partnership → see also deed of partnership