Definition of joint venture in English:

joint venture

Syllabification: joint ven·ture


  • A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.
    More 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.

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