partnership agreement

USAGE SUMMARY

"partnership agreement" is correct and usable in written English.
You can use it when referring to a contract between two parties or organizations that outlines their scope of agreement and responsibilities to each other. For example: "The two companies signed a partnership agreement which outlines their joint venture for the next five years."

✓ Grammatically correct

News & Media

Wiki

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

There's a signed partnership agreement.

The New York Times

The exact method varies by partnership agreement.

The New York Times - Arts

"The plan violates the partnership agreement.

The New York Times

What he should have done depends on partnership agreement.

The New York Times

No mention is made in the partnership agreement of divorce.

The New Yorker

But Feldman was bidding according to partnership agreement.

The New York Times

They then signed a partnership agreement with the Times Company.

The New York Times

By partnership agreement, North's redouble showed three-card spade support.

The New York Times

The attempt to create the partnership agreement builds on the Trans-Pacific Strategic Economic Partnership Agreement, established in 2006 between Brunei, Chile, New Zealand and ingapore.

The Guardian

But we spent a lot of time just forming our partnership agreement.

The New York Times

"This could delay the signing of the Strategic Partnership Agreement," an Afghan government official told Reuters.

Independent

Expert writing Tips

Best practice

Always consult with a legal professional to review and finalize a "partnership agreement" to ensure it complies with all applicable laws and regulations.

Common error

Avoid vague language in a "partnership agreement". Clearly outline the roles, responsibilities, and obligations of each partner to prevent misunderstandings.

Linguistic Context

The phrase "partnership agreement" functions as a noun phrase, typically acting as the subject or object of a sentence. It refers to a legally binding document that outlines the terms and conditions of a partnership.

Expression frequency: Very common

Frequent in

News & Media

36%

Wiki

33%

Formal & Business

18%

Less common in

Science

7%

Reference

5%

Encyclopedias

1%

Ludwig's WRAP-UP

The phrase "partnership agreement" is a commonly used term referring to a legally binding document that outlines the terms and conditions of a partnership. As Ludwig AI indicates, the phrase is grammatically correct and widely used across various contexts, including news media, business, and legal settings. It is essential to ensure that "partnership agreements" are drafted with specificity and clarity to avoid potential disputes, and consulting legal professionals is highly recommended. Related phrases, such as "collaboration agreement" or "partnership arrangement", can be used depending on the specific context and formality required.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

partnership contract

Highlights the legally binding nature of the partnership.

contractual partnership

Emphasizes the contractual obligations within the partnership.

collaboration agreement

Focuses more broadly on the collaborative aspect rather than the specific terms of a partnership.

partnering agreement

A more active and ongoing collaboration is implied.

relationship agreement

Emphasizes the relationship aspect, which could be personal or professional, rather than the legal agreement itself.

alliance agreement

Focuses on the strategic alliance between entities, usually for a specific purpose.

partnership arrangement

Implies a more informal or less structured agreement compared to a formal "partnership agreement".

association agreement

Suggests a looser affiliation or connection between parties compared to a full partnership.

company agreement

Refers to an agreement internal to a company, not necessarily between separate entities.

memorandum of understanding

A nonbinding agreement that outlines the intentions of both parties to work together.

FAQs

What elements should be included in a "partnership agreement"?

A "partnership agreement" should detail each partner's contributions, responsibilities, profit/loss sharing, decision-making processes, and procedures for resolving disputes or dissolving the partnership.

What is the difference between a "partnership agreement" and a "collaboration agreement"?

A "partnership agreement" typically involves a more formal and legally binding business relationship, while a "collaboration agreement" may cover a broader range of cooperative efforts that are not necessarily for profit or equity sharing.

Why is it important to have a written "partnership agreement"?

A written "partnership agreement" provides clarity, protects the interests of all partners, minimizes potential conflicts, and serves as a legally enforceable document that can be used to resolve disputes.

Can a "partnership agreement" be amended after it is signed?

Yes, a "partnership agreement" can be amended, but it typically requires the written consent of all partners involved. Amendments should be documented and attached to the original agreement.