(redirected from Partnership Interests)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.


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.

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.

Accountable health partnership, see there.


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 ?
83 applies to a transfer of property--including a partnership interest transfer to a service partner.
A contributor should be protected against dilution in the value of partnership interests redeemable for REIT shares by receiving distributions at the same time they are received by holders of REIT shares.
469-5T(e)(3) explains when a partnership interest will be treated as a limited partnership interest and provides an exception, known as the general partner exception, to the rule:
In the beginning, the foreign entity would have an overwhelming majority partnership interest.
He said the willing buyer/willing seller analysis merely establishes the value of a partnership interest, not whether the economic substance doctrine applies.
Simultaneously, HRP has agreed to sell 50 percent limited partnership interest in eight (8) of these facilities to HHC for $58.
If either a qualified terminable interest property (QTIP) trust or a marital general power of appointment (GPA) owns a partnership interest at the time a surviving spouse dies, the partnership will not be eligible to adjust its assets' "inside" basis as a result of the death under Sec.
To calculate the gain on the distribution, Pope & Talbot subtracted the basis of the partnership interests (the carry-over basis from the properties transferred to the partnership) from their aggregate value, based on the average price on the exchange.
7 percent in interest of the limited partnership interests have been tendered and accepted for payment, and that the company intends to call the untendered interests under the terms of the limited partnership agreement.
Because the disallowed loss reduces the partners' bases in their partnership interests, the partners cannot claim the loss on the liquidation of their interests, and the creditor-partner cannot recover the loss through a higher substituted basis in the distributed assets.
Since publishing that FLP-friendly ruling, however, the IRS has issued several other rulings that deny discounts for transfers of limited partnership interests (PLRs 9719006, 9723009, 9725002, 9725018, 9730004, 9735003, 9735043 and 9736004).

Full browser ?