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Joint Venture - 6 dictionary results

joint venture

–noun
a business enterprise in which two or more companies enter a temporary partnership. Abbreviation: JV, J.V.

joint venturer, noun
joint venturing, noun

joint-ven⋅ture

[joint-ven-cher] verb, -tured, -tur⋅ing. Informal.
–verb (used without object)
1. to establish or enter a joint venture or partnership.
–verb (used with object)
2. to establish or run as a joint venture.
joint venture  
n.  A partnership or conglomerate, formed often to share risk or expertise: a joint venture between the film companies.

Joint Venture - JV

The cooperation of two or more individuals or businesses--each agreeing to share profit, loss and control--in a specific enterprise.

Investopedia Commentary

This is a good way for companies to partner without having to merge. JVs are typically taxed as a partnership.

Related Links

The Basics of Mergers and Acquisitions

See also: Keiretsu, Partnership, Strategic Alliance


joint venture

A business undertaken by two or more individuals or companies in an effort to share risk and use differences in expertise. For example, oil companies often enter into joint ventures on particularly expensive projects carrying a high risk of failure. See also consortium.


Main Entry: joint ven·ture
Pronunciation: -'ven-ch&r
Function: noun
1 : a cooperative business agreement or partnership between two or more parties that is usually limited to a single enterprise and that involves the sharing of resources, control, profits, and losses —compare COMBINATION
2 : a criminal undertaking by two or more persons in which each intentionally takes part —used in the law of Massachusetts
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