1. A contract between two or more persons who agree to pool talent and money and share profits or losses.
2. The members of a business venture created by contract.
Two or more persons carrying on a common business for shared profit. The business can be of any kind—for instance, solicitors, shop owners, or window cleaners. A partnership differs from a corporation in that the individuals remain separate in identity and are not protected by limited liability, so that each partner is personally responsible for any debts of the partnership.
In a limited partnership, a general partner or partners with a limited liability manage the enterprise, while limited partners have no management rights and their liability is limited to their investment. + prikaži više