Define: Partnership

UK Accounting Glossary

Definition: Partnership


Quick Summary of Partnership


Two or more persons in business together with the aim of making a profit.


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What is the dictionary definition of Partnership?

Dictionary Definition


  1. The state of being associated with a partner.
  2. An association of two or more people to conduct business.

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Full Definition of Partnership



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Partnership FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/partnership/
Modern Language Association (MLA):
Partnership. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 12, 2019 https://payrollheaven.com/define/partnership/.
Chicago Manual of Style (CMS):
Partnership. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/partnership/ (accessed: November 12, 2019).
American Psychological Association (APA):
Partnership. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/partnership/

Definition Sources


Definitions for Partnership are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.