| a business enterprise in which two or more companies enter a temporary partnership. Abbreviation: JV, J.V. |
[joint-ven-cher] 
verb, -tured, -tur⋅ing. Informal.| 1. | to establish or enter a joint venture or partnership. |
| 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
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