Definition of joint venture in English:

joint venture

Syllabification: joint ven·ture

noun

  • 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.

More definitions of joint venture

Definition of joint venture in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day astrogation
Pronunciation: ˌastrə(ʊ)ˈgeɪʃ(ə)n
noun
(in science fiction) navigation in outer space