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partnership interest

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  • Partnership taxation in the United States — The rules governing partnership taxation, for purposes of the U.S. Federal income tax, are codified as Subchapter K of Chapter 1 of the U.S. Internal Revenue Code (Title 26 of the United States Code). Partnerships are flow through entities. Flow… …   Wikipedia

  • Partnership accounting — When two or more individuals engage in an enterprise as co owners, the organization is known as a partnership. This form of organization is popular among personal service enterprises, as well as in the legal and public accounting professions. The …   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

  • 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 — [n] alliance; participation affiliation, assistance, association, band, body, brotherhood, business, cahoots*, cartel, chumminess, clique, club, combination, combine, community, companionship, company, conglomerate, conjunction, connection,… …   New thesaurus

  • partnership — [pärt′nərship΄] n. 1. the state of being a partner; participation 2. the relationship of partners; joint interest; association 3. a) an association of two or more partners in a business enterprise b) a contract by which such an association is… …   English World dictionary

  • Partnership — For the cricket term, see Partnership (cricket). A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.[1] Since humans are social beings, partnerships between individuals, businesses, interest based… …   Wikipedia

  • PARTNERSHIP — Formation The earliest form of commercial partnership in Jewish law was partnership in property, or joint ownership. Craftsmen or tradesmen who wished to form a partnership were required to place money in a common bag and lift it or execute some… …   Encyclopedia of Judaism

  • partnership agreement — articles of partnership An agreement made between the partners of a partnership. In the absence of either an express or an implied agreement the provisions of the Partnership Act (1890) apply. These provisions are also applicable if an agreement… …   Accounting dictionary

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