partnership
noun
WORKPLACE, FINANCE uk/ˈpɑːtnəʃɪp/ us [ C or U ]
an agreement between organizations, people, etc. to work together:
a partnership between sb/sth and sb/sth The government is promoting a partnership between the state and the private sector.
a partnership with sb/sth The Symphony has announced a new partnership with the Seattle Young Artists Festival.
build/develop/form a partnership The company has formed a partnership with a US marketing firm to try to break into that market.
in partnership with sb/sth The university works in partnership with several local businesses.
a partnership of sth The program is a local partnership of groups helping elementary students begin preparing for college.
They have signed a strategic partnership agreement with a leading mobile operator.
go/enter into a partnership He has entered into a business partnership with his former boss.
[ C ]
a company which is owned by two or more people:
set up/establish/found a partnership The partnership he jointly founded, is emerging as one of the leading headhunters for senior board appointments.
See also
deed of partnership
general partnership
limited partnership
public-private partnership