Definition of joint venture in English:

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joint venture

noun

A commercial enterprise undertaken jointly by two or more parties which 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.

For editors and proofreaders

Line breaks: joint ven|ture

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