Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

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Partnership

Partnership
Definition: Shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability with respect to obligations of the group. See: General partnership, limited partnership, and master limited partnership.
Partnership
Definition: An agreement between two or more entities to go into business or invest. See also "general partnership;" "limited partnership;" "joint venture."