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Domestic Partnership

A relationship where the people involved are kind and loving towards each-other.
by Natalllaaayyy March 20, 2011
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Partnership

Ok, Joe. Look here. We three rob that damned bank. Share for three? No thats bad. Kill the third.
Then, we kill another. And no need to share!
I will call it... Partnership
by LordCrimson December 22, 2008
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domestic partnership

Too big of a pussy to stand up and tell her/ him to Fuck off!, Pussy, no spine...penisless
I'm Rudy, I'm afraid of marriage will a domestic partnership work for you sweetheart?
by 06rubican January 29, 2018
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bromestic partnership

A bromestic partnership is when two males who were previously in a bromance upgrade to a higher standard of friendship and become bestfriends, brothers, roommates, etc.
Girl: aww you two have a bromance. so cute!

Guy: Its not a bromance. Jake and I are in a bromestic partnership.

Girl: Oh I didn't know you two were that great of friends.
by dtf ROBOcop May 10, 2011
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domestic partnership

a domestic partnership is a form relation between two people in which one person is usually domesticated like a cow or a dog resulting in said domesticated person being inclined to do everything their master partner tells them to do. frequently made popular by facebook and ignorant people unsure of the true definition.
Chip: Does anyone know where Walter has been recently?
Buck: Nope. Him and his girlfriend are in a domestic partnership on facebook though.
Chip: He probably sucks at life now.
by Orlandbro March 17, 2011
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(US BUSINESS LAW) a type of business organization which is a cross between a partnership and a corporation. In a private partnership, all of the partners own all the assets in common and have unlimited liability; in a corporation, the firm assets are owned by a legal "person," and shareholders are liable only for the value of their stake (equity) in the firm.

Partnerships have higher risk for members, but their management can disclose a lot less and the taxes are lower. Limited/limited liability partnerships represent a compromise.

In a limited partnership, one or more of the partners has unlimited liability ("general partners") and the others have liability limited to their equity stake in the firm ("limited partners"). A limited partnership is indicated by the initials "LP" after the name, e.g. Apollo Management, LP.

In a limited liability partnership, all members have limited liability; specifically, the other partners of the LLP are shielded from torts for malpractice against the other partners, BUT they are legally responsible for financial claims against the whole organization. LLP liability varies somewhat by state law (several US states do not permit LLP's at all), and somewhat by the terms of the LLP agreement for that particular partnership.

Apologies to Urban Dictionary for an error in the definition of private equity fund and hedge fund: both types of fund are almost never LLP's; they are often limited partnerships (LP's).
The limited liability partnership is a popular form of business organization for lawyers and other professionals.
by Abu Yahya September 2, 2010
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Domestic Partnership

1. The equal relationship between two or more people of the same gender living together and practicing a homosexual lifestyle.
2. Domestic Relationship
3. Homosexual fuck buddies.
Neil Patrick Harris lives with David Burka in a Domestic Partnership.

-I just saw Katharine and Becky together at the gay bar.
-I didn't know they were together.
-They arn't! They are just Domestic Partners.

-
by iknow16 March 13, 2011
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