ordinary partnership

  • 1ordinary partnership — Any partnership other than a commercial partnership or a limited partnership. 42 Am J1st Partn § 11 …

    Ballentine's law dictionary

  • 2partnership — A business owned by two or more persons that is not organized as a corporation. A voluntary contract between two or more competent persons to place their money, effects, labor, and skill, or some or all of them, in lawful commerce or business,… …

    Black's law dictionary

  • 3partnership — part·ner·ship n: an association of two or more persons or entities that conduct a business for profit as co owners see also uniform partnership act in the important laws section compare corporation, joint venture, sole pro …

    Law dictionary

  • 4Partnership — Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint possession or… …

    The Collaborative International Dictionary of English

  • 5Partnership in commendam — Partnership Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint… …

    The Collaborative International Dictionary of English

  • 6Partnership (Australia) — In Australia, summarising s. 5 of the Partnership Act 1958 (Vic) (hereinafter the Act ), for a partnership to exist, four main criteria must be satisfied. They are: * Valid Agreement between the parties; * To carry on a business this is defined… …

    Wikipedia

  • 7Partnership (Hong Kong) — A partnership in Hong Kong is a business entity formed by the [http://www.hklii.org/hk/legis/en/ord/38/ Partnerships Ordinance] , which defines a partnership as the relation between persons carrying on a business in common with a view of profit… …

    Wikipedia

  • 8Ordinary income — Part of a series on Taxation Taxation in the United States …

    Wikipedia

  • 9General partnership — In the commercial and legal parlance of most countries, a general partnership or simply a partnership, refers to an association of persons or an unincorporated company with the following major features:*Created by agreement, proof of existence… …

    Wikipedia

  • 10general partnership — The ordinary partnership, as distinguished from a limited partnership or partnership association. See partnership …

    Ballentine's law dictionary