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

The company expects to grow production of medium and large caliber ammunition—its main revenue driver—through acquisition and joint venture deals with suppliers, Zdenek Jurak said.

From The Wall Street Journal

Aberdeen likes industrial conglomerate Hitachi, whose joint venture with General Electric is slated to build “small modular” nuclear power plants across the Southeast.

From Barron's

A ZF spokesman said he had no comment on the lawsuit and referred questions to the joint venture.

From The Wall Street Journal

Honda said Wednesday that it doesn’t expect the joint venture’s halt to have a material impact on its forecasts for the fiscal year ending in March.

From The Wall Street Journal

At a defunct power plant, Musk announced plans to build a semiconductor manufacturing plant, to be a joint venture among Tesla, xAI, and SpaceX.

From Barron's