Incorporated joint venture

Incorporated joint venture

A joint venture in which legal entities are established to divide the project's equity by shareholdings in a company.

Incorporated Joint Venture

A joint venture in which the companies involved create a separate corporation and divide its shares between themselves as an equitable way to distribute income from the joint venture.
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References in periodicals archive ?
The partners have agreed to form an incorporated joint venture, to be known as "Brass LNG Limited," to undertake this project.
Clough AMEC is an incorporated joint venture established to provide brownfield engineering, operations and maintenance services to clients in the Australasian oil & gas industry.
The newly incorporated joint venture firm has been promoted by National Fertilizers Limited (NFL), Engineers India Limited (EIL) and Fertilizer Corporation of India Limited (FCIL).

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