partnership
UK: ˈpɑːtnəʃɪp | US: ˈpɑːrtnərʃɪp
n. a formal arrangement in which two or more parties cooperate to manage and operate a business or project
n. the state of being a partner or partners
n. a relationship characterized by mutual cooperation and shared responsibilities
The word "partnership" combines "partner," derived from Old French partener (meaning "sharer" or "associate"), with the suffix "-ship," originating from Old English -scipe (denoting a state or condition). "Partner" itself traces back to Latin partitio ("division" or "sharing"), reflecting the idea of shared ownership or collaboration. Over time, "-ship" evolved to form abstract nouns describing relationships or roles (e.g., friendship, leadership). Thus, "partnership" literally means "the state of being partners," emphasizing cooperative association.
Their partnership in the startup led to significant growth.
The two companies formed a strategic partnership to expand their market reach.
A strong partnership requires trust and communication.
She entered into a legal partnership with her colleague.
The nonprofit works in partnership with local communities.