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 $4 billion investment in question would fund a data center joint venture between Blue Owl, data center developer Chirisa Technology Parks, and real estate investor Machine Investment Group.

From Barron's

The joint venture was established by the three companies in 2024.

From The Wall Street Journal

In August, Blue Owl, Chirisa Technology Parks and Machine Investment Group formed a joint venture to provide an additional $4 billion of funding.

From MarketWatch

It took GM roughly 15 years to earn substantial profits from its Chinese joint venture, which didn’t last.

From Barron's

Emails show draft agreements for a joint venture, sharing revenue from Andrew introducing sovereign-wealth funds and rich associates to the firm.

From The Wall Street Journal