Unincorporated joint venture

(redirected from Unincorporated Joint Ventures)

Unincorporated joint venture

A joint venture in which the legal means of dividing the project's equity is by shareholdings in a company.

Unincorporated Joint Venture

A joint venture where the parties do not form a corporation. That is, an unincorporated joint venture is either an ad hoc project or legally structured as a partnership.
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Macarthur Coal's mines and exploration tenements are held within unincorporated joint ventures, a structure which has allowed the Company to gain significant strategic benefits by involving other parties in its projects.