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Definition of

articles of partnership

Corporate Governance

legal basis for partnership the document that establishes a partnership, detailing the capital contributed by each partner; whether an individual partner's liability is limited; the apportionment of the profit; salaries; and possibly procedures to be followed, for example, in the event of a partner retiring or a new partner joining.

Related definitions of "articles of partnership"

Definitions of ’articles of partnership’ and meaning of ’articles of partnership’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’articles of partnership’ and other financial terms with our online QFINANCE Financial Dictionary.

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