Definition, Meaning & Synonyms
mutually-beneficial-relationship
Noun
/mjuːtʃuəli bɪˈnɪfɪʃəl rɪˈleɪʃənʃɪp/
Definition
A relationship where both parties gain advantages or benefits from their interactions.
Examples
- Many business partnerships are built on a mutually-beneficial relationship.
- The teacher and her students enjoyed a mutually-beneficial relationship, where knowledge was shared equally.
- Nonprofit organizations often seek mutually-beneficial relationships with local businesses.
Meaning
It refers to a connection between individuals, groups, or organizations that provides positive outcomes for all involved, fostering cooperation and support.
Synonyms
- Reciprocal relationship
- Synergistic relationship
- Collaborative partnership