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 |
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