2. A division or sharing among partners; joint possession or interest.

Rome, that ne'er knew three lordly heads before, First fell by

fatal partnership of power.

Rowe.

He does possession keep, And is too wise to hazard partnership.

Dryden.

3. An alliance or association of persons for the prosecution of an

undertaking or a business on joint account; a company; a firm; a house;

as, to form a partnership.

4. (Law) A contract between two or more competent persons for joining

together their money, goods, labor, and skill, or any or all of them,

under an understanding that there shall be a communion of profit

between them, and for the purpose of carrying on a legal trade,

business, or adventure. Kent. Story.

Community of profit is absolutely essential to, though not necessary

the test of, a partnership.

The Gutenberg Webster's Unabridged Dictionary: Section P and Q · 第 254 / 2103 题