Definition, Meaning & Synonyms
copartnership
Noun
/kəʊˈpɑːtnəʃɪp/
Definition
A partnership between two or more individuals or entities for mutual benefit, typically in a business context.
Examples
- The two companies formed a copartnership to expand their market reach.
- In a copartnership, each partner contributes to the business’s success and shares its risks.
- They entered into a copartnership to launch their innovative product line.
Meaning
Copartnership refers to a cooperative arrangement where partners share responsibilities, profits, and liabilities in a joint business venture.
Synonyms
- collaboration
- joint venture
- cooperation
- alliance
- partnership
