define partnership deed
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A partnership deed is an agreement between the partners of a firm that outlines the terms and conditions of partnership among the partners. ... The partnership deed serves this purpose. It specifies the various terms such as profit/loss sharing, salary, interest on capital, drawings, admission of a new partner, etc...
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: kindly or grateful thoughts : gratitude. 2 : an expression of gratitude return thanks before the meal —often used in an utterance containing no verb and serving as a courteous and somewhat informal expression of gratitude many thanks..
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