De-facto Partnership
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF114
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | LF114
|
| Language-specific name. Monolingual name | De-facto Partnership (en) |
| Language-specific short name. Monolingual short name | D.F.Ps. (en) |
| Informal and comprehensive human-readable definition of a concept. Description | A de-facto partnership is a relationship between two or more entities that, despite not being legally recognized as a partnership, operates and functions as one. This often happens when entities conduct business together over a period of time without formally establishing a partnership. |