jv

junior varsity   n.   Abbr. JV A high-school or college team that competes in interschool sports on the level below varsity.

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

jv Javanese