I. col ‧ lec ‧ tive 1 /kəˈlektɪv/ BrE AmE adjective [only before noun]
[ Word Family: noun : ↑ collection , ↑ collector , ↑ collective , ↑ collectable , collectible, ↑ collectivism , ↑ collectivization ; adjective : ↑ collected , ↑ collective , ↑ collectable , collectible, ↑ collectivist ; verb : ↑ collect , ↑ collectivize ; adverb : ↑ collectively ]
shared or made by every member of a group or society:
a collective decision made by all board members
our collective responsibility for the environment
II. collective 2 BrE AmE noun [countable]
[ Word Family: noun : ↑ collection , ↑ collector , ↑ collective , ↑ collectable , collectible, ↑ collectivism , ↑ collectivization ; adjective : ↑ collected , ↑ collective , ↑ collectable , collectible, ↑ collectivist ; verb : ↑ collect , ↑ collectivize ; adverb : ↑ collectively ]
1 . a group of people who work together to run something such as a business or farm, and who share the profits equally
2 . the business or farm that is run by this type of group