Another Word For Partnership

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Meaning

The word "Partnership" refers to a formal arrangement in which two or more individuals or entities cooperate and share their skills, resources, and responsibilities toward a common goal, typically in a business context. In a partnership, each party contributes something—be it capital, labor, or expertise—and shares in the profits (or losses) that arise from the endeavor.

Synonyms

Antonyms

Etymology

The word "partnership" comes from the Middle English term "partenrippe," which itself is derived from the Old French word "parain" or "partenaire," meaning "a partner." The root "part" relates to sharing or dividing, illustrating the concept of shared responsibilities and benefits.

Examples

  1. The two companies formed a partnership to develop a new product line that would appeal to a wider audience.
  2. In a successful partnership, communication and trust are vital to ensure everyone is working towards the same goal.
  3. Their partnership allowed them to pool resources, which significantly reduced costs and increased efficiency.
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