joint partnership

noun

Definition

› [C] COMMERCE, MANAGEMENT joint venture

› [U] LAW, MANAGEMENT the fact of owning something together with another person, organization, etc., or of doing something with someone else or with another organization: The properties are owned in joint partnership with other members of the family. Between five and ten projects a year have been organized in joint partnership with other similar associations.

(Definition of joint partnership noun from the Cambridge Business English Dictionary © Cambridge University Press)

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