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Definitions from the Web

Partnership

A partnership refers to a formal arrangement between two or more parties, businesses, or individuals who agree to work together and share both the profits and losses generated from a specific venture or business activity.

Examples:

1. Noun:
• They formed a partnership to launch a new startup.
• The company entered into a partnership with a local charity.
• In a partnership, both parties have a stake in the success of the venture.
2. Verb:
• They decided to partnership with another organization to expand their reach.
• The business owner is looking to partnership with talented individuals.

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