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English definition of “joint venture”

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joint venture

noun [C]
 
 
( also joint partnership, abbreviation JV) COMMERCE, MANAGEMENT
an arrangement between two or more companies to work together on a particular project: The two companies have entered into a joint venture agreement to develop a major casino hotel in Atlantic City.
Translations of “joint venture”
in Russian совместное предприятие…
in Polish jointventure…
(Definition of joint venture from the Cambridge Business English Dictionary © Cambridge University Press)
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