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business concern vs partnership

partnership vs business concern

business concern and partnership both are nouns.

Word NounAdjectiveVerbAdverb
business concern Yes No No No
partnership Yes No No No
As nouns, partnership is a hyponym of business concern; that is, partnership is a word with a more specific, narrower meaning than business concern:
  • business concern: a commercial or industrial enterprise and the people who constitute it
  • partnership: the members of a business venture created by contract
business concern (noun) partnership (noun)
a commercial or industrial enterprise and the people who constitute it a contract between two or more persons who agree to pool talent and money and share profits or losses
the members of a business venture created by contract
a cooperative relationship between people or groups who agree to share responsibility for achieving some specific goal
Difference between business concern and partnership

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