Partnership
From The Art and Popular Culture Encyclopedia
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A partnership is an arrangement where parties, known as 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. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract.
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See also
- Alliance
- Consortium
- Business partnering
- Corporation
- General partnership
- Joint venture
- Keiretsu
- Limited liability partnership (LLP)
- Limited partnership (LP)
- Partnership accounting
- Partnership taxation
- Strategic Alliance
- Types of business entity
- Up or out (aka partnership system)
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