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joint venture

noun
1.
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-venture

[joint-ven-cher] /ˈdʒɔɪntˈvɛn tʃər/
verb (used without object), joint-ventured, joint-venturing.
1.
to establish or enter a joint venture or partnership.
verb (used with object), joint-ventured, joint-venturing.
2.
to establish or run as a joint venture.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for joint-venture
  • Neither firm has spelled out how much managerial control it will have in the new joint-venture operations.

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