partnership
//ˈpɑːrt.nər.ʃɪp//
Noun
partnershipSingular
partnershipsPlural
1
A relationship between two or more people or organizations working together toward a common goal.
The two companies formed a partnership to develop new technology.
2
A legal business structure in which two or more individuals share ownership, profits, and responsibilities.
They formed a partnership to run the restaurant together.
3
The state or condition of being a partner; the relationship between partners.
Their partnership is based on mutual trust and respect.