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joint venture Syllabification: joint ven·ture
Pronunciation: /ˌjoint ˈvenCHər/

Definition of joint venture in English:


A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.
Example sentences
  • Provided that there is a full-function joint venture it will be within the Regulation.
  • Both joint ventures and private enterprises can register to run job fair businesses.
  • Exports of joint ventures or subsidiaries of overseas companies are also on the rise.
Definition of joint venture in:
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