collectivecol·lec·tive /kəˈlektɪv/ adjectiveadj [only before a noun]1ECONOMICS collective farm/factory a farm or factory that is owned by a government and controlled by the people who work in itIn the 1990s, the collective farm system collapsed in post-Soviet Russia.
2shared by several peopleThis has to be a collective decision.
Management must take collective responsibility for the bank’s collapse.