partnership

US /ˈpɑːrt.nɚ.ʃɪp/
UK /ˈpɑːrt.nɚ.ʃɪp/
"partnership" picture
1.

a business or firm owned and run by two or more partners

:
They formed a partnership to develop new software.
The law firm operates as a limited partnership.
2.

the state of being partners

:
Their partnership in the project was crucial for its success.
The two countries entered into a strategic partnership.