Definition of communiversity in US English:
 communiversity
nounkəˌmyo͞onəˈvərsədēkəˌmyo͞onəˈvərsədē
An organization representing a liaison between a college or university and the community where it is located.
as modifier a communiversity theater
 Example sentencesExamples
-  Teams will be deployed throughout the city to guide and encourage people from street corners to communiversities.
 -  The Communiversity celebration, which annually brings the town and University together for a day of performances, food, games and more, is planned for noon to 5 p.m. Saturday, April 29.
 -  We speak of diversity on our campus, but the communiversity was even more diverse, with children, students, parents, old people, from all backgrounds.
 
Origin
  
1990s: blend of community and university.