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Partnership vs. Company — What's the Difference?

Partnership vs. Company — What's the Difference?

Difference Between Partnership and Company

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Partnership

A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations.

Company

A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.

Partnership

The state of being a partner or partners
We should go on working together in partnership

Company

A commercial business
A company director
A shipping company
The Ford Motor Company

Partnership

An association of two or more people as partners
An increase in partnerships with housing associations
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Company

The fact or condition of being with another or others, especially in a way that provides friendship and enjoyment
I really enjoy his company

Partnership

The state of being a partner.

Company

A number of individuals gathered together
The Mayor addressed the assembled company

Partnership

A business entity in which two or more co-owners contribute resources, share in profits and losses, and are individually liable for the entity's actions.

Company

A flock of wigeon (ducks)
A company of wigeons occasionally numbers several thousand birds

Partnership

The persons participating in such a business entity.

Company

Associate with; keep company with
These men which have companied with us all this time

Partnership

A relationship between individuals or groups that is characterized by mutual cooperation and responsibility, as for the achievement of a specified goal
Neighborhood groups formed a partnership to fight crime.

Company

A group of persons
A company of scientists.

Partnership

The state of being associated with a partner.

Company

One's companions or associates
Moved in fast company.
Is known by the company she keeps.

Partnership

An association of two or more people to conduct a business
Forge a partnership

Company

A guest or guests
Had company for the weekend.

Partnership

(cricket) The period when two specific batsmen are batting, from the fall of one wicket until the fall of the next; the number of runs scored during this period,

Company

The state of friendly companionship; fellowship
Was grateful for her company.
Friends who finally parted company.

Partnership

The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state.

Company

A business enterprise; a firm.

Partnership

A division or sharing among partners; joint possession or interest.
Rome, that ne'er knew three lordly heads before,First fell by fatal partnership of power.
He does possession keep,And is too wise to hazard partnership.

Company

A partner or partners not specifically named in a firm's title
Lee Rogers and Company.

Partnership

An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house; as, to form a partnership.

Company

A troupe of dramatic or musical performers
A repertory company.

Partnership

A contract between two or more competent persons for joining together their money, goods, labor, and skill, or any or all of them, under an understanding that there shall be a communion of profit between them, and for the purpose of carrying on a legal trade, business, or adventure.

Company

A subdivision of a military regiment or battalion that constitutes the lowest administrative unit. It is usually under the command of a captain and is made up of at least two platoons.

Partnership

The members of a business venture created by contract

Company

A unit of firefighters.

Partnership

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

Company

A ship's crew and officers. See Usage Note at collective noun.

Company

To accompany or associate with.

Company

To keep company with someone; associate.

Company

A team; a group of people who work together professionally.

Company

A group of individuals who work together for a common purpose.
A company of actors.

Company

(military) A unit of approximately sixty to one hundred and twenty soldiers, typically consisting of two or three platoons and forming part of a battalion.
The boys in Company C

Company

A unit of firefighters and their equipment.
It took six companies to put out the fire.

Company

(nautical) The entire crew of a ship.

Company

An intelligence service.
As he had worked for the CIA for over 30 years, he would soon take retirement from the company.

Company

A small group of birds or animals.

Company

(legal) An entity having legal personality, and thus able to own property and to sue and be sued in its own name; a corporation.

Company

(business) Any business, whether incorporated or not, that manufactures or sells products (also known as goods), or provides services as a commercial venture.

Company

(uncountable) Social visitors or companions.
Keep the house clean; I have company coming.

Company

(uncountable) Companionship.
I treasure your company.

Company

To accompany, keep company with.

Company

To associate.

Company

To be a lively, cheerful companion.

Company

To have sexual intercourse.

Company

The state of being a companion or companions; the act of accompanying; fellowship; companionship; society; friendly intercourse.
Evil company doth corrupt good manners.
Brethren, farewell: your company alongI will not wish.

Company

A companion or companions.
To thee and thy company I bidA hearty welcome.

Company

An assemblage or association of persons, either permanent or transient.
Thou shalt meet a company of prophets.

Company

Guests or visitors, in distinction from the members of a family; as, to invite company to dine.

Company

Society, in general; people assembled for social intercourse.
Nature has left every man a capacity of being agreeable, though not of shining in company.

Company

An association of persons for the purpose of carrying on some enterprise or business; a corporation; a firm; as, the East India Company; an insurance company; a joint-stock company.

Company

Partners in a firm whose names are not mentioned in its style or title; - often abbreviated in writing; as, Hottinguer & Co.

Company

A subdivision of a regiment of troops under the command of a captain, numbering in the United States (full strength) 100 men.

Company

The crew of a ship, including the officers; as, a whole ship's company.

Company

The body of actors employed in a theater or in the production of a play.

Company

To accompany or go with; to be companion to.

Company

To associate.
Men which have companied with us all the time.

Company

To be a gay companion.

Company

To have sexual commerce.

Company

An institution created to conduct business;
He only invests in large well-established companies
He started the company in his garage

Company

Organization of performers and associated personnel (especially theatrical);
The traveling company all stayed at the same hotel

Company

The state of being with someone;
He missed their company
He enjoyed the society of his friends

Company

Small military unit; usually two or three platoons

Company

A band of people associated temporarily in some activity;
They organized a party to search for food
The company of cooks walked into the kitchen

Company

A social gathering of guests or companions;
The house was filled with company when I arrived

Company

A social or business visitor;
The room was a mess because he hadn't expected company

Company

A unit of firefighters including their equipment;
A hook-and-ladder company

Company

Crew of a ship including the officers; the whole force or personnel of a ship

Company

Be a companion to somebody

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