Other forms: partnerships
A partnership is a working relationship between equals. A business partnership, work in partnership, dissolve the partnership.
In law it is a specific structure where the partners are personally liable for the debts, which is why professional firms moved to limited partnerships. In ordinary use it just means working together as equals.
1nounpartnershipA working relationship between equals.
“The two companies have formed a partnership to build electric cars.”
partnership is a relationship.
Partner plus -ship, the ending naming a state or relation.
Latin
partītiōnem
Old French
parçonier
Middle English
partener
English
partner
English, today
partnership
Built from
From partner + ship. Cognate with West Frisian partnerskip (“partnership”), Dutch partnerschap (“partnership”), Low German Partnerschop (“partnership”), German Partnerschaft (“partnership”), Danish partnerskab (“partnership”), Danish partnerskab (“partnership”), Norwegian Bokmål partnerskap (“partnership”), Norwegian Nynorsk partnerskap (“partnership”). partner comes from Middle English partener, partiner, alteration (due to Middle English part) of Middle English parcener, from Old French parçonier, parçonneour (“joint heir”) from parçon (“partition”), from Latin partītiōnem, singular accusative of partītiō (“portion”). The word may also represent Old French part tenour (“part holder”). Compare also Middle English partifere (“partner”), partifelewe (“partner”). a doublet of parcener.
Etymology from Wiktionary, CC BY-SA