De-facto Partnership

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DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF114
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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.