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joint venture

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Wikipedia, Hutchinson 0.06 sec.
Joint venture
An agreement between two or more firms to undertake the same business strategy and plan of action. See: Incorporated joint venture and Unicorporated joint venture.
Joint venture
An agreement between two or more firms to undertake the same business strategy and plan of action.
joint venture
A business undertaken by two or more individuals or companies in an effort to share risk and use differences in expertise. For example, oil companies often enter into joint ventures on particularly expensive projects carrying a high risk of failure. See also consortium.
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an organization that operated hospitals in central Texas through a joint venture with a for-profit healthcare company, was entitled to exempt status under Sec.
Healthcare nonprofit's effective control over partnership will ... by Berger, Matthew M. / The Tax Adviser
Lombard, Illinois, is forming an equity joint venture with Zhuzhou Rolling Stock Works, a steel foundry located in Hunan Province, China.
ABC-NACO Begins Second Railcar Joint Venture in China with Suspension ... by Modern Casting
The joint venture will focus primarily on butadiene-based latexes, but also would have access to a broad range of latex chemistries.
Dow Chemical and Reichhold plan to form a joint venture, Dow ... by Rubber World
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