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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 ?
First, the Internal Revenue Code specifically excludes partnership interests from tax deferral in an exchange.
The court disagreed, stating that IRC section 703(a) merely described how a partnership calculates its taxable income before dividing that amount among the partners.
Liquidation value is the amount of cash that would have been received for the partnership interest had the partnership sold all of its assets--both tangible and intangible--for cash, immediately after the partnership interest was issued.
That's why he recommends thinking about resources to sustain the partnership fight from the beginning.
One of the rural regions did not participate in these sessions because it was just starting to implement its partnership.
Other sessions concentrated on tax planning for joint ventures, featuring foreign tax credit aggregation and disaggregation, tax treaty withholding and reporting requirements for partnerships, and developments in partnership reporting rules.
There are five essential elements in a successful partnership (please see Table 1).
In order to plan and carry out any successful partnership efforts, the developers must have the fertile soil from which to grow ideas.
By providing the partnership-dominator continuum as an analytical lens for examining all aspects of life and society, partnership education can help students develop a capacity that is essential in our age of information overload: the capacity to recognize patterns or configurations in what otherwise seems a jumble of disconnected, equally weighted data bits.
The Internal Revenue Service recently issued a proposal to replace this approach with a simple election that the unincorporated entity would make to be taxed as either a partnership or a corporation.

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