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

For one thing, the 30 components change over time, as the average’s owner, a joint venture between Standard & Poor’s, and the financial services company CME Group.

From Los Angeles Times

Carmakers typically buy electronics from big suppliers, which sometimes source software from smaller suppliers or joint ventures in China.

From The Wall Street Journal

Under the new legislation, companies can operate in Venezuela by teaming up with PdVSA in a joint venture.

From The Wall Street Journal

“There may be other parts of the land that we joint venture. There may be some that we develop. So that’s what we’re working through at the moment.”

From The Wall Street Journal

Once the deal has been completed, the joint venture will launch a mandatory tender offer for the remaining shares in CBA not held by Votorantim, it said.

From The Wall Street Journal