partnership

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partnership

A nonspecific term for a relationship which strives for balance, equality and mutual respect, and in which information, power and responsibility are shared by two or more actual or legal persons.

Medspeak-UK
An NHS management word used in the context of a Trust’s achievement of Practice Plus on the journey to becoming a Model Employer. Partnership is essential, both internally (in relationships developed with staff-side colleagues) and externally (when working across organisations (trusts)), or when collaborating across strategic health authority boundaries.

Medspeak-US
Accountable health partnership, see there.

partnership,

n 1. the association of two or more persons for the purpose of carrying on business (or practice) together and dividing its profits.
n 2. a legal, binding contract defining the association of two or more persons in a business or professional relationship such as a dental practice.
partnership, notice of dissolution of intelligence,
n by any of a variety of means, notice to creditors and the public that a partnership has been dissolved.
References in periodicals archive ?
Accounting services may relate to setting up partnership books and accounting systems (amortizable) or to preparing financial projections or other representations to prospective investors (nondeductible).
704-1(b)(2)(iii)(c)(2) (the "value equals basis" rule), partnership property is conclusively presumed to have fair market value (FMV) equal to current partnership book value.

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