Partnership

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DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF146
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A technical identifier, unique in a certain context. Technical key LF146
Language-specific name. Monolingual name Partnership (en)
Language-specific short name. Monolingual short name Partnership (en)
Informal and comprehensive human-readable definition of a concept. Description A legal form of business where two or more individuals or entities join forces to carry out a business venture. Partners share in the profits, losses, and decision-making of the partnership based on the terms outlined in a partnership agreement. Partnerships can be formed with varying degrees of liability and management structures, such as general partnerships or limited partnerships.