Joint Venture Definition

noun
The undertaking of a specific commercial project by two or more companies or persons.
American Heritage
An unincorporated business venture with two or more participants who share the financial risk and gain.
Webster's New World Law

A cooperative partnership between two individuals or businesses in which profits and risks are shared.

Wiktionary

Other Word Forms of Joint Venture

Noun

Singular:
joint venture
Plural:
joint ventures

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joint venture