joint partnership
noun
ukus[C]COMMERCE,MANAGEMENT
→joint venture
[U]LAW,MANAGEMENT
thefactofowningsomething together with anotherperson,organization, etc., or of doing something with someoneelseor with anotherorganization:
Thepropertiesareownedinjointpartnershipwith othermembersof thefamily.
Between five and tenprojectsayearhave beenorganizedinjointpartnershipwith othersimilarassociations.