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Definitions from WordNet

Definitions from the Web

Joint Venture

Definition:

A joint venture refers to a business arrangement where two or more parties collaborate and pool their resources to undertake a specific project or activity. It involves sharing risks, costs, and profits between the participating entities.

Examples:

As a noun:

1. The joint venture between Company A and Company B aimed to develop a new line of eco-friendly products.
2. Through their joint venture, the two companies successfully entered the overseas market.

As a verb:

1. Company X plans to joint venture with a tech startup to develop innovative software solutions.
2. They joint ventured with a renowned chef to open a new restaurant in the city center.

Related Products:

Explore related products on Amazon:

• Books on Joint Venture
• Joint Venture Business Resources
• Joint Venture Agreement Templates