The Collaborative International Dictionary of English v.0.48:

Fellowship \Fel"low*ship\, n. [Fellow + -ship.]
   1. The state or relation of being or associate.
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   2. Companionship of persons on equal and friendly terms;
      frequent and familiar intercourse.
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            In a great town, friends are scattered, so that
            there is not that fellowship which is in less
            neighborhods.                         --Bacon.
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            Men are made for society and mutual fellowship.
                                                  --Calamy.
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   3. A state of being together; companionship; partnership;
      association; hence, confederation; joint interest.
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            The great contention of the sea and skies
            Parted our fellowship.                --Shak.
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            Fellowship in pain divides not smart. --Milton.
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            Fellowship in woe doth woe assuage.   --Shak.
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            The goodliest fellowship of famous knights,
            Whereof this world holds record.      --Tennyson.
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   4. Those associated with one, as in a family, or a society; a
      company.
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            The sorrow of Noah with his fellowship. --Chaucer.
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            With that a joyous fellowship issued
            Of minstrels.                         --Spenser.
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   5. (Eng. & Amer. Universities) A foundation for the
      maintenance, on certain conditions, of a scholar called a
      fellow, who usually resides at the university.
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   6. (Arith.) The rule for dividing profit and loss among
      partners; -- called also partnership, company, and
      distributive proportion.
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   Good fellowship, companionableness; the spirit and
      disposition befitting comrades.
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            There's neither honesty, manhood, nor good
            fellowship in thee.                   --Shak.
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The Collaborative International Dictionary of English v.0.48:

Fellowship \Fel"low*ship\, v. t. [imp. & p. p. Fellowshiped;
   p. pr. & vb. n.. Fellowshiping.] (Eccl.)
   To acknowledge as of good standing, or in communion according
   to standards of faith and practice; to admit to Christian
   fellowship.
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WordNet (r) 3.0 (2006):

fellowship
    n 1: an association of people who share common beliefs or
         activities; "the message was addressed not just to
         employees but to every member of the company family"; "the
         church welcomed new members into its fellowship" [syn:
         family, fellowship]
    2: the state of being with someone; "he missed their company";
       "he enjoyed the society of his friends" [syn: company,
       companionship, fellowship, society]
    3: money granted (by a university or foundation or other agency)
       for advanced study or research

Moby Thesaurus II by Grady Ward, 1.0:

263 Moby Thesaurus words for "fellowship":
   accord, accordance, affability, affiliation, affinity, agape,
   agreement, aid, alignment, alimony, alliance, allotment, allowance,
   amalgamation, amicability, amity, annuity, assistance, association,
   belonging, bipartisanship, bloc, body, bonds of harmony,
   boon companionship, bounty, branch, brotherhood, brotherliness,
   brotherly love, cahoots, camaraderie, caritas, cartel,
   cement of friendship, chair, chair of English, charity, chumship,
   church, circle, clan, clique, club, coaction, coadjuvancy,
   coadministration, coadunation, coagency, coalescence, coalition,
   cochairmanship, codirectorship, collaboration, collaborativeness,
   colleagueship, collectivism, collegialism, collegiality, collusion,
   combination, commensalism, commerce, common effort,
   common enterprise, communalism, communication, communion,
   communism, communitarianism, community, community of interest,
   community of interests, companionability, companionship, company,
   compatibility, complicity, comradery, comradeship, concert,
   concord, concordance, concurrence, confederacy, confederation,
   confraternity, confrerie, congeniality, congregation, congress,
   consociation, consolidation, consorting, consortium, consortship,
   conversation, converse, cooperation, cooperativeness,
   copartnership, copartnery, cordiality, correspondence, coterie,
   country club, denomination, depletion allowance, division, dole,
   duet, duumvirate, ecumenicalism, ecumenicism, ecumenism, empathy,
   esprit, esprit de corps, faction, familiarity, federation,
   feeling of identity, fellow feeling, financial assistance,
   fraternal order, fraternalism, fraternity, fraternization,
   freemasonry, frictionlessness, friendliness, friendship, fusion,
   good vibes, good vibrations, good-fellowship, grant, grant-in-aid,
   group, guaranteed annual income, guild, happy family, harmony,
   help, hobnobbing, hookup, hospitality, identity, inclusion,
   incorporation, integration, intercommunication, intercommunion,
   intercourse, intimacy, joining of forces, joint effort,
   joint operation, kindliness, kinship, league, like-mindedness,
   lodge, love, mass action, membership, merger, morale,
   mutual assistance, mutualism, mutuality, octet, offshoot,
   old-age insurance, oneness, order, organization, partaking,
   participation, partnership, party, peace, pecuniary aid, pension,
   persuasion, pooling, pooling of resources, preceptorship,
   price support, professorate, professorhood, professoriate,
   professorship, public assistance, public welfare, pulling together,
   quartet, quintet, rapport, rapprochement, readership, reciprocity,
   relief, religious order, retirement benefits, schism, scholarship,
   school, schoolmastery, secret society, sect, sectarism, segment,
   septet, set, sextet, sharing, sisterhood, sisterliness,
   sociability, social activity, social intercourse, social relations,
   society, sodality, solidarity, sorority, stipend, subsidization,
   subsidy, subvention, support, symbiosis, sympathy, symphony,
   synergism, synergy, tax benefit, teachership, team spirit,
   teamwork, tie-in, tie-up, togetherness, trio, triumvirate, troika,
   trust, tutelage, tutorage, tutorship, understanding, unification,
   union, unison, united action, unity, variety, version, warmth,
   welfare, welfare aid, welfare payments



Easton's 1897 Bible Dictionary:

Fellowship
   (1.) With God, consisting in the knowledge of his will (Job
   22:21; John 17:3); agreement with his designs (Amos 3:2); mutual
   affection (Rom. 8: 38, 39); enjoyment of his presence (Ps. 4:6);
   conformity to his image (1 John 2:6; 1:6); and participation of
   his felicity (1 John 1:3, 4; Eph. 3:14-21).

     (2.) Of saints with one another, in duties (Rom. 12:5; 1 Cor.
   12:1; 1 Thess. 5:17, 18); in ordinances (Heb. 10:25; Acts 2:46);
   in grace, love, joy, etc. (Mal. 3:16; 2 Cor. 8:4); mutual
   interest, spiritual and temporal (Rom. 12:4, 13; Heb. 13:16); in
   sufferings (Rom. 15:1, 2; Gal. 6:1, 2; Rom. 12:15; and in glory
   (Rev. 7:9).