Definition of joint venture in English:

joint venture

Line breaks: joint ven|ture

noun

  • A commercial enterprise undertaken jointly by two or more parties which 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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Word of the day razz
Pronunciation: raz
verb
tease (someone) playfully