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noun

partnership

CEFR B2

the members of a business venture created by contract

In a sentence

Six example sentences with partnership, each labelled with its topic.

  • The partnership that owns the club meets twice a season and votes on every contract above two million dollars.

    Basketball

  • A small partnership runs the island ferries, three families who signed an agreement in 1970 and still split fuel costs.

    Travel

  • The recording studio is a partnership of four engineers, each holding an equal share and one veto over bookings.

    Music

  • Under the agreement, every member of the partnership is personally liable for debts the firm cannot pay.

    Law

  • The partnership that manages the fund splits profits by a formula written into the contract twenty years ago.

    Finance

  • The bakery is a partnership of two sisters and their former teacher, each owning a third and sharing every shift.

    Cooking

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Found in these word lists

Found in 3 published word listsAuthoritative

Each source is a published word list that contains partnership. No exam board publishes an official GRE, GMAT or SAT list; GMAT words come from GRE lists and the Academic Word List.