noun
- plural of copartnership; associations or joint ventures in which two or more parties share ownership, responsibility, and profits equally or according to agreed terms
Usage: formal or legal context; often used in business and commercial settings
Examples
- The two entrepreneurs established copartnerships to expand their business operations across multiple regions.
- Several copartnerships were formed between local companies to bid on the government contract.
- The law firm dissolved its copartnerships after the senior partners retired.
- These copartnerships allowed small businesses to pool resources and reduce costs.
- The agreement outlined how profits would be distributed among the copartnerships.
- International copartnerships have become increasingly common in the technology sector.