Definition, Meaning & Synonyms
mutual-benefit
Noun
ˈmjuːtʃuəl ˈbɛnɪfɪt
Definition
A situation or relationship that provides advantages or profits to all parties involved.
Examples
- In a mutual-benefit agreement, both companies collaborate to achieve shared goals.
- The relationship between the two firms was built on mutual benefit rather than competition.
- They formed a mutual-benefit partnership, ensuring that both sides would thrive.
Meaning
The term ‘mutual benefit’ refers to outcomes that are advantageous to each participant in an interaction or agreement, where all parties derive some form of gain or positive result.
Synonyms
- Reciprocal advantage
- Joint benefit
- Shared gain
