co-venture

American  

[koh-ven-cher] / koʊˈvɛn tʃər /

noun

1. a business project or enterprise undertaken jointly by two or more companies, each sharing in the capitalization and in any profits or losses.

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Example Sentences

But it seems that ExxonMobil’s stalled co-venture to drill in the Arctic Ocean and Black Sea may remain that way.

From Washington Post • Jul. 24, 2017

More channels will be rolling out in the months to come, notably one due in the fall that is a co-venture with Wizard World, which runs Comic-Con and two dozen other “-Cons” around the world.

From Forbes • Jun. 16, 2014

A co-venture of CBS, where it begins with two episodes on Saturday night, and the Canadian network CTV, the series is in the “NYPD Blue” and “Southland” vein, trying for realism.

From New York Times • Jul. 9, 2010

Indica was a co-venture with John Dunbar – then married to the teenage Marianne Faithfull – who opened the art gallery in the basement.

From The Guardian • Mar. 20, 2010

Its co-venture with Mtel will position it in new delivery technologies.

From Time Magazine Archive