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
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Other Word Forms of Joint Venture

Noun

Singular:
joint venture
Plural:
joint ventures

Joint Venture Sentence Examples

  • It was in the following year that the company moved into the Land Down Under, agreeing to a joint venture with Sunglass World to open 80 stores in Australia.

  • Virgin Mobile Canada started out in March 2005 as a joint venture between Virgin Mobile and Bell Canada wherein the latter retained 49% ownership.

  • Originally a joint venture between West London TEC and the Business Link it became an independent company in 2001 after a successful management buyout.

  • We therefore believe that this reduction of competition would create an effective duopoly between Le Shuttle and the joint venture.

  • The joint venture underlines the commitment of the Welsh Golfing Union to dispel elitism and strengthen the sport in the less traditional strongholds.

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Words Starting With

JJOJOI

Words Ending With

EREURE

Unscrambles

joint venture

Words Starting With J and Ending With E

Starts With J & Ends With EStarts With JO & Ends With EStarts With J & Ends With RE

Word Length

13 Letter Words13 Letter Words Starting With J13 Letter Words Ending With E