- ordinary partnership
- Any partnership other than a commercial partnership or a limited partnership. 42 Am J1st Partn § 11.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
partnership — 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
partnership — 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
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 possession or… … The Collaborative International Dictionary of English
Partnership 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
Partnership (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
Partnership (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
Ordinary income — Part of a series on Taxation Taxation in the United States … Wikipedia
General 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
general partnership — The ordinary partnership, as distinguished from a limited partnership or partnership association. See partnership … Ballentine's law dictionary
mining partnership — noun : a legal partnership in which the partners agree to conduct mining operations and to share profits and losses, which is recognized in many states as having the character of an ordinary partnership except that it exists only during the… … Useful english dictionary