1. A long-term, ongoing business or professional relationship between two or more parties established with the intention of continuity
The two companies established a permanent partnership to develop new technologies.
As duas empresas estabeleceram uma parceria permanente para desenvolver novas tecnologias.
2. A formal agreement between entities that remains in effect indefinitely unless terminated by mutual consent or contractual conditions
The permanent partnership between the university and the research institute has lasted for over 20 years.
A parceria permanente entre a universidade e o instituto de pesquisa durou mais de 20 anos.