single name partnership
A business arrangement whereby two or more individuals, the partners, unite their skill, capital, and work in exchange for a proportional allocation of the profits and losses incurred but who engage in business under one name rather than the names of all the partners.

Dictionary from West's Encyclopedia of American Law. 2005.


single name partnership
A business arrangement whereby two or more individuals, the partners, unite their skill, capital, and work in exchange for a proportional allocation of the profits and losses incurred but who engage in business under one name rather than the names of all the partners.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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