joint venture Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “joint venture” in the English Dictionary

"joint venture" in British English

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joint venturenoun [C]

uk   us  
a ​business or ​businessactivity that two or more ​people or ​companieswork on together: The ​website was a ​jointventure between him and his ​partner.
(Definition of joint venture from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"joint venture" in Business English

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joint venturenoun [C]

uk   us   (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 jointventureagreement to ​develop a ​majorcasinohotel in Atlantic City.
(Definition of joint venture from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “joint venture”
in Russian совместное предприятие…
in Polish jointventure…
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