Official Concept and Definition

Partnership (LO=2)

Definition

refers to an association of two or more individuals for the conduct of a business enterprise based upon an agreement or contract between or among them to contribute money, property or industry into a common fund with the intention of dividing profits among themselves.

Formula
PSS Agency PSA
Source/s

2012 Census of Philippine Business and Industry (CPBI)

https://psa.gov.ph/content/2012-census-philippine-business-and-industry-administ…
Indicators / Statistics Being Generated Not applicable
PSA Board Resolution Not applicable
Statistical Domain Economic Statistics
Statistical Activity Business Statistics

Official Concepts and Definitions

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