joint venture
- noun
- /dʒɔɪnt ˈvɛnʧər/
- Now, Rimac has become well known lately for this amazing car, but also for their joint venture partnership with the Volkswagen Group.
- joint venture with foreign
- joint venture company
- establish a joint venture
For example, we have this Gray joint venture in India with the Welcome Trust.
- For example, we have this Gray joint venture in India with the Welcome Trust.
- So it's it's a bit of a joint venture with a a client who's abroad.
- And Joe Biden met with Tony Bobolinsky in Los Angeles to vet him as CEO of this new joint venture with CEFC.
- But it is sourced box, which is my friend Marcus and Naomi's joint venture and it is a healthy subscription service.
- And I've done many joint venture type deals, you know, offers everything elsewhere.
Examples
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During the week-long forum, negotiations on almost 200 joint ventures took place.
Academic text (1992) -
The project was, from the outset, a cooperative joint venture between IS and claims departments.
Academic text (1991) -
Since this is a joint venture with the Air Force...
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For example, we have this Gray joint venture in India with the Welcome Trust.
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The government would then seek to form joint ventures with foreign investors.
Academic text (1991) -
All three cars were built together in a joint venture in a factory in Illinois called Diamond Star Motors.
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By 1990, South Korea was involved in thirty-eight joint ventures in East European countries.
Academic text (1992) -
Denison has a 60% interest in the Wheeler River joint venture and is the operator.
Blog text (22) -
So, at the request of the Provost, the course became a joint venture between the chemistry, physics, and ESL departments.
Academic text (1990) -
The new company, called Commonwealth, is an equal joint venture between the agencies working on renewable energy.
Synonyms
A business where two or more people run it together and share the money and losses
A group of companies or organizations that work together on a project
How Collaborative
- Formal
Surface Forms
Morphology
The meaning 'a business arrangement in which two or more parties collaborate' is directly and transparently derived from combining 'joint' (involving two or more parties) with 'venture' (a commercial undertaking involving risk). This straightforward adjectival+noun composition is cross-linguistically common, so a B1 learner who knows both constituents should be able to infer the MWE meaning.
Etymology
Joint venture comes from the image of two companies joining for a risky project: joint means 'together' and venture suggests a risky trip or project. So a joint venture is a business project two or more firms do 'together', where they 'share' money, work, risks and profits.