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joint venture

a business enterprise in which two or more companies enter a temporary partnership.
Abbreviation: JV, J.V.
Related forms
joint venturer, noun
joint venturing, noun


[joint-ven-cher] /ˈdʒɔɪntˈvɛn tʃər/ Informal.
verb (used without object), joint-ventured, joint-venturing.
to establish or enter a joint venture or partnership.
verb (used with object), joint-ventured, joint-venturing.
to establish or run as a joint venture. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for joint venture
  • Large scale biofuels production awaits construction of facilities by the joint venture companies.
  • The airline said last year that it would be working with its joint venture partners to bring down capacity in this market.
  • She was part of a huge joint venture to build confidence.
  • As your business is on the verge of expanding, the idea of joint venture may be appealing to you.

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