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 ?
28) In Lehman, the taxpayers (husband and wife) were members of a limited partnership whose agreement provided that the taxpayers were each entitled to receive as a credit on the partnership books the sum of $5,000 to be deducted from the capital of the other partners after the other partners received partnership profits totaling $50,000.
30] Often the tax basis of partnership property varies from the fair market value, and thus a set of partnership books kept on the tax basis must be maintained.
28) In all but the simplest of partnerships, complying with the partnership tax rules and following the partners' desired economic arrangement requires maintaining at least two sets of partnership books tracking at least two different sets of partner capital accounts from inception: (1) tax and (2) Sec.

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