A person or company that enters into a contract jointly with another contractor; a fellow contractor sharing the same agreement.
From 'co-' (together) plus 'contractor' (from Latin contrahere, meaning to draw together or negotiate). The term is common in construction and business for shared contractual agreements.
On big construction projects, you'll often see cocontractors—multiple building companies working together on different parts of one project. It spreads the financial risk and allows companies to tackle bigger jobs than they could alone.
Complete word intelligence in one call. Free tier — 50 lookups/day.