copartnership

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Definitions from WordNet

Noun copartnership has 1 sense

copartnership - a partnership in which employees get a share of the profits in addition to their wages
--₁ is a kind of partnership

Definitions from the Web

Copartnership

Definition: A legal relationship between two or more individuals or companies who agree to share the profits and losses of a business venture.

Noun:

Sense 1: The state or condition of being a copartner.

Example sentence: The copartnership between the two companies proved to be highly profitable.

Sense 2: A business entity formed through copartnership.

Example sentence: The copartnership was registered as a limited liability company.

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