n. The state or condition of being a partnern. A division or sharing among partners; joint possession or interest.n. An alliance or association of persons for the prosecution of an undertaking or a business on joint account; a company; a firm; a house.n. 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.n. See Fellowship, n., 6.