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Partnership Account
(redirected from Partnership Accounts)

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Partnership Account
An account at a brokerage held by two or more people in which each person is equally liable. The account holders may or may not have a written agreement on the rights and obligations each one has in the partnership account. This is similar to a joint account, but is used mainly for business partnerships, rather than for married couples who are investing.

partnership account
A brokerage account in which two or more individuals are equally liable. A partnership account differs from a joint account in that the partnership account may include a written agreement defining the interest of each partner.


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They must therefore make sure that their professional advisers have the capability to ensure that partnership accounts are prepared and agreed and the partnership tax return and the individual tax returns completed and agreed.
During his tenure at Arthur Andersen, Praeger worked on a variety of corporate and partnership accounts.
hires Jim Gerardot as executive director of animal health and productivity, Gunter Hess as director of animal health e-commerce operations and Victor Wright as director of animal health and productivity partnership accounts.
 
 
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