joint venture

¹

noun

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

joint-venture

²

[joint-ven-cher]

verb (used without object)

joint-ventured, joint-venturing 

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

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

Word History and Origins

Origin of joint venture¹

First recorded in 1870–75

Example Sentences

On Tuesday, Robinhood announced a joint venture with Susquehanna to offer a derivatives and futures exchange, which analysts say makes it unclear whether Kalshi will remain as a partner.

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The new independent exchange will be managed by a joint venture, with Robinhood as the controlling partner.

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This past week, MP, the Defense Department, and the Saudi Arabian mining company, Maaden, announced a joint venture External link for the refining of rare-earth elements in Saudi Arabia.

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Meta moved the project, called Hyperion, off its books into a new joint venture with investment manager Blue Owl Capital OWL 2.11%increase; green up pointing triangle .

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Peak said it would formally scrap the planned joint venture with Shenghe, citing “recent geopolitical and regulatory developments.”

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