joint venture

Noun

A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.

ریشه

From 'joint' (together) and 'venture' (a risky or daring journey or undertaking). Originated in the 20th century with the rise of multinational corporations.

مثال

• They entered into a joint venture to develop the new technology.
• A joint venture allows companies to share risks and rewards.
• The joint venture was successful.

ترکیب‌های رایج

Enter into a joint venture Form a joint venture Successful joint venture