2. 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. (Rowe) He does possession keep, And is too wise to hazard partnership. (Dryden)
4. A contract between two or more competent persons for joining together their money, goods, labour, 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.
5. (Science: mathematics) See Fellowship. Limited partnership, a form of partnership in which the firm consists of one or more general partners, jointly and severally responsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital. Partnership in commendam, the title given to the limited partnership (F. Societe en commandite) of the french law, introduced into the code of Louisiana. Silent partnership, the relation of partnership sustained by a person who furnishes capital only.
Source: Websters 358 Dictionary