co-venture

[koh-ven-cher]

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.

Example Sentences

Airbus currently serves that market through its 50-70-seat ATR turboprop co-venture with Italy’s Leonardo.

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Gianopulos told investors and analysts in 2018 following the deal that Paramount would use the co-venture “when and where it makes sense.”

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The dinners are a co-venture among state parks, the West Virginia Department of Agriculture, West Virginia Farmer’s Market Association and the West Virginia Department of Natural Resources as a way to promote locally grown food and produce.

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

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Katzenberg will transition to a role overseeing the company's television and new media holdings — including the Verizon co-venture AwesomenessTV, which specializes in shortform video for mobile platforms.

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