alliedbusiness
nounUK /əˈlaɪd ˈbɪznəs/
US /əˈlaɪd ˈbɪznəs/
A business that works together with another business to help each other.
The small bakery formed an alliedbusiness with the nearby café to share customers.
RELATED WORDS
OTHER MEANINGS
2. A company connected to another through a formal agreement.
The airline's alliedbusiness handles its luggage services.
3. A business that supports another in a shared goal.
The software firm became an alliedbusiness of the hospital.
4. A firm joined with others in the same industry group.
Several alliedbusinesses pooled resources to buy supplies.