copartnership
- noun
- /koʊˈpɑrtənərʃɪp/
- Archaic
:
coparticipación
- In a copartnership, employees not only receive their salaries but also share in the profits of the business.
Examples
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The new restaurant operates under a copartnership model, allowing staff to benefit from the financial success of the establishment.
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I looked on this tour to the Hebrides as a copartnership between Dr. Johnson and me.
Blog text (24) -
Their copartnership agreement ensures that every employee enjoys a portion of the profits generated each month.
Synonyms
161
2.9
A business where two or more people run it together and share the money and losses
5
3.0
A plan where workers get part of a company's earnings as extra pay
4
3.7
A contract that gives participants part of income from a product or service
How Shared
Surface Forms
Morphology
copartnership = partnership (semi-transparent) = co + partner + ship
The composition 'co-' + 'partnership' is clear, but the sense emphasizing employee profit-sharing is a specialized extension not fully predictable from the components for all learners.
Etymology
The word copartnership comes from co- meaning 'together', as in cooperate and co-worker, and partnership meaning 'sharing' in a business. So a copartnership is a business where people work 'together' and 'share' profits, which explains the modern meaning of employees receiving a part of the company's earnings.