joint venture

¹ American  

noun

1. a business enterprise in which two or more companies enter a temporary partnership. JV, J.V.

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joint-venture ² American  

[joint-ven-cher] / ˈdʒɔɪntˈvɛn tʃər /

verb (used without object)

joint-ventured, joint-venturing

1. to establish or enter a joint venture or partnership.

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verb (used with object)

joint-ventured, joint-venturing

1. to establish or run as a joint venture.

Other Word Forms

• joint venturer noun
• joint venturing noun

Etymology

Origin of joint-venture

First recorded in 1870–75

Example Sentences

“We must expand the industrial base for modern defense systems in Europe. This joint venture reflects this necessity,” Rheinmetall’s Chief Executive Armin Papperger said.

From The Wall Street Journal • Apr. 13, 2026

Media companies a decade ago raced to engage young, bilingual Latinos by launching start-ups, including a joint venture between ABC News and Univision called Fusion that flopped.

From Los Angeles Times • Apr. 11, 2026

OpenAI is also in talks to form a rival joint venture with private-equity firms that spreads adoption of its own AI tools.

From The Wall Street Journal • Apr. 7, 2026

The joint venture will oversee around 8,000 company-run stores, with longer-term plans to expand to as many as 20,000.

From MarketWatch • Apr. 2, 2026

When the goods are sold or the project is finished, the joint venture ends.

From "The Lemonade War" by Jacqueline Davies