Meaning

noun the members of a business venture created by contract

noun a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal

noun a contract between two or more persons who agree to pool talent and money and share profits or losses

originFrom partner + -ship. Cognate with Danish partnerskab, Dutch partnerschap, German Partnerschaft, Norwegian Bokmål partnerskap, Norwegian Nynorsk partnerskap, Swedish partnerskap, and West Frisian partnerskip.

Etymology from Wiktionary, CC BY-SA 3.0