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JOINT VENTURE

(noun)
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Definitions

There is 1 meaning of the phrase Joint Venture.

Joint Venture - as a noun

A venture by a partnership or conglomerate designed to share risk or expertise

Example: "A joint venture between the film companies to produce tv shows"

Hypernyms (Closely Related)
venture
Hyponyms (Broadly Related)

Example Sentences

"The two companies entered into a joint venture to develop a new product."
"The joint venture between the two airlines was successful in expanding their route network."
"The joint venture resulted in increased market share for both companies."
"The joint venture partners agreed to share the profits equally."
"The joint venture allowed the companies to pool their resources and expertise."
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