In legal effect it is a partnership for a limited, specific business project. Back to the Top
An agreement between two or more firms to undertake the same business strategy and plan of action.
a general partnership formed to undertake a particular joint business transaction, project or endeavor. This is a mutually beneficial arrangement wherein both parties benefit from their combined resources.
This term refers to the unincorporated joint venture that was formed between CPIT and BSL. It is governed by a written agreement dated 7 October 2003.
A joint venture is somewhat like a partnership, but is usually formed by two or more persons for a single purpose as opposed to most partnerships that are formed for ongoing business. For income tax purposes, it may be treated as either a corporation or a partnership.
is an unincorporated business agreement between two parties where their interests and business objectives are pooled and aligned. A joint venture is usually governed by a management committee composed of all of the parties. One of the parties is nominated as the operator and is responsible for the day-to-day operation of the joint venture and reporting to the management committee. Commonly the joint venture is governed by a vote of management committee where the votes cast are a proportion of their percentage interest in the joint venture. Joint ventures also usually provide for the dilution, or reduction in interest, of one of the parties should it elect not to contribute to the ongoing business of the joint venture.
An international business undertaking involving a long-term commitment of funds, facilities, and services --as well as joint management and sharing of risks and profits --between two firms from different countries. Many countries impose restrictions on joint ventures, such as foreign equity limits, local control legislation, and restrictions on repatriation of dividends. If joint ownership of capital is involved, the partnership is known as an equity joint venture. If more than two companies are involved, it is usually called a consortium.
Partnership between two companies for the purpose of developing or marketing a single product.
In a joint venture both firms share, in some proportion, the responsibility and the profits or loss on a contract. They are considered affiliated (see "Affiliates," above) for the purpose of that contract. Normally, the revenues or the employees of both firms are added together to determine the size of a joint venture. Judgment: Judicial determination of the existence of an indebtedness, or other legal liability.
Agreement by two or more parties to work on a project together. A joint venture is limited to one project while a partnership forms the basis for cooperation on many projects.
is a venture by a partnership or conglomerate designed to share risk or expertise. See also VENTURE.
a business association between two or more persons/ companies for a special purpose.
A contractual agreement between two or more parties for the purpose of executing a business undertaking. All parties agree to share in the profits and losses of the enterprise.
or JV refers to a standard form of participation in petroleum exploration, via unincorporated joint arrangements between a number of industry participants, with one party operating the permit (i.e. managing the operations) on behalf of all the participants, and Joint Venturers has a corresponding meaning.
An association between two or more parties, usually to own and/or develop real estate, formed for a specific purpose and duration. It may take a variety of legal forms.
A business relationship undertaken by two or more people engaged in a single defined project.
Franchise co-operation where the franchisor also takes a financial stake in the project - often seen in major international collaborations.
An entity in which the reporting entity holds an interest on a long-term basis and is jointly controlled by the reporting entity and one or more other venturers under a contractual arrangement. [FRS 9, para. 4
Joint venture loans cover a wide range of capital needs and sources. When a developer needs capital or additional capital he may seek a joint venture partner for the funds. Investment bankers, banks and private parties are the major sources. However, hard-money/bridge loans are usually funded faster and are less expensive than equity partner deals.
An agreement between companies to enter into a partnership for a specific project. A commercial undertaking entered into by two or more parties, usually in the short term. Joint ventures differ from partnerships in that they are limited by time or activity. Separate books are not usually kept and the joint ventures will have a profit- or loss-sharing ratio for the purpose of the joint venture only. Joint ventures often carry on their principal businesses independently of, and at the same time as, the joint venture. Joint ventures are becoming increasingly common as companies cooperate with each other in international markets, in order to share costs, exploit new technologies, or gain access to new markets.
An entity formed for a specific purpose and duration between two or more parties, this may take a variety of legal forms.
a partnership between a domestic firm and a foreign firm or government (89)
A general partnership formed for a specific, limited purpose, or a limited amount of time.
A large-scale project in which two or more parties (usually oil companies) cooperate. One supplies funds and the other actually carries out the project. Each participant retains control over his share, including liability and the right to sell.
This refers to an enterprise where two or more investors agree, as co-owners, to engage in business for profit. The extent of ownership of each partner determines its profit shares. It is common for one partner to own a minority of the total shares.
An investment entity formed by one or more entities to acquire or develop and manage real property and/or other assets [Go to source
A legal entity or other contractual arrangement in which a government participates as a separate and specific activity for the benefit of the pubic or service recipients and in which the government retains an ongoing financial interest.
an undertaking of a risk with another party
An enterprise participated in by persons acting together with a community of interests, each person having the right to participate in management. For income tax purposes, a joint venture is taxed similarly to a partnership — i.e., not taxed at the entity level, but treated as a pass-through mechanism.
when two or more companies share ownership of a business, this arrangement is known at a joint venture.
An independent business formed cooperatively by two or more parent firms. This type of partnership is often used to avoid restrictions on foreign ownership and for longer-term arrangements that require joint product development, manufacturing and marketing. In a specifically American legal context, however, a joint venture is a collaboration between two companies to carry out a particular, individual project. The venture lasts only as long as the project does and is governed by the partnership laws of the state where it was formed.
partnership of a domestic firm and a foreign producer for production and sales overseas.
a business ownership arrangement where two businesses establish a factory together, often sharing ownership at least for a set period of time
cooperation between two or more companies on the one project to produce mutually agreeable results.
a venture by a partnership or conglomerate designed to share risk or expertise; "a joint venture between the film companies to produce TV shows"
a business activity carried out by two or more persons
a business arrangement in which the participants create a new business entity or official contractual relationship and share investment and operation expenses, management responsibilities, and profits and losses
a business arrangement in which two or more parties undertake a specific economic activity together
a business association which establishes a legal relationship among its members without affecting third parties
a business enterprise carried on by two or more people
a business enterprise under-taken by two or more persons or organizations to share the expense and (hopefully) profit of a particular business project
a business entity owned and operated by two or more organizations
a business organization established by two or more companies that combine skill and assets
a business organization established by two or more companies that combines their skills and assets
a business relationship between two or more parties to undertake economic activity together
a business relationship between two or more people or businesses (like a corporation)
a business relationship where all involved remain independent entities, but they work together on a marketing effort to share revenues, which are split by a predetermined amount prior to commencing the relationship
a business undertaking by two or more parties in which the parties pool their capital and skills for a specific project or venture of a limited scope and duration
a business undertaking by two or more persons engaged in a single defined
a commercial undertaking formed by two or more persons, who may be natural persons or legal entities
a company concluded between two or more parties to share the profits or losses of one or more commercial businesses being performed by one of the partners in his personal name
a contract agreement between a UAE party and a foreign party for the engagement in a desired business
a contractual agreement between a foreign party and a local party licensed to engage in the desired activity
a contractual arrangement between two companies whereby they agree to share the costs and profits of a particular project, without binding themselves to a complete merger or partnership
a contractual arrangement whereby the Company and other parties undertake an economic activity, which is subject to joint control
a contractual arrangement whereby the Group and other parties
a contractual business undertaking between two or more parties
a cooperative effort among two or more firms that share a common interest in a business enterprise or undertaking
a foreign investment established and registered under the laws and regulations of the Lao PDR which is jointly owned and operated by one or more foreign investors and by one or more domestic Lao investors
a form of business organization undertaken by two or more parties
a form of partnership, but usually made for only one specific project, for example the purchase and build-out of only one piece of property
a group of persons (natural and/or juristic) entering into an agreement in order to carry on a business together
a kind of cooperative partnership run between two parties, a Chinese and a foreign company, which invest together in a new business venture in
a legal arrangement whereby two or more entities carry out a business activity under some form of common control or management, or at least share a common aim and common interest in pursuing a common enterprise
a legal entity engaged in the joint undertaking of a particular transaction by two or more persons for mutual profit
a legal organization that takes the form of a short term partnership in which
a mechanism by which two or more entities can combine to do business together without the formality and commitment involved in forming a partnership or other similar entity
an agreement between two or more businesses over a set period of time to increase sales, save money or leverage time, assets, people or skills
an agreement between two persons or a group of persons to join together to work on a project for a set period of time and, share the cost, the risk and the recompense
an agreement home-business-tips
an agreementin which two or more businesses work on a project for aset period of time
an arrangement in which two businesses join together for a specific and limited purpose
an arrangement where two or more people trade on their resources for the mutual benefit of all
an arrangement with an e-publisher who sends an e-mail containing only an ad to the mailing list along with an endorsement
an association of persons or companies jointly undertaking some commercial enterprise with all of them generally contributing assets and sharing risks
an association of several companies and/or governments for some definite strategic purpose
an association of two or more business entities for the purpose of carrying on a single enterprise or specific venture
an association of two or more individuals or business entities who combine and pool their respective expertise, financial resources, skills, experience, and knowledge in the furtherance of a particular project or undertaking
an enterprise founded on collective or mixed ownership, with the obligatory property and hard currency investment by foreign citizens, enterprises and organizations
an entity in which AstraZeneca holds an interest on a long term basis and which is jointly controlled by AstraZeneca and one or more other venturers under a contractual arrangement
an entity in which the group holds a long-term interest and which is jointly controlled by the group and one or more other venturers under a contractual arrangement
an equity-based initiative between two or more companies that is given a corporate entity of its own
an investee which is under the joint control of two or more investees
an undertaking by two or more persons for the purpose of carrying out a single business enterprise for profit
an undertaking in which the Group has a long-term interest and over which it exercises joint control
a one-time grouping of two or more persons or corporations in a business undertaking
a partnership agreement in which two or more individual- or group-run businesses join together to carry out a single business project
a proven marketing principle where two businesses strike up a business deal where one of the two will do a marketing campaign of its product to the business they're in a deal with
a relationship with two or more parties where are parties benefit from the relationship
a separate business entity
a separate entity where an owner may receive money both from owning the entity and from royalties
a separate legal entity that two or more companies form to pursue
a situation where two or more Business owners team up one another's resources to create new streams of Profits, which otherwise would be too expensive for a single business to attain alone
a special combination of two or more legal entities which agree to carry out a single business enterprise for profit, and for which purpose they combine their property, money, effects, skill and knowledge
a special type of strategic alliance in which two or more firms join together to create a new business entity that is legally separate and distinct from its parents
a type of strategic alliance in which a separate legal entity is formed for the same purposes
a venture normally formed ad-hoc for a specific project, in which two or more parties share obligations, risks and rewards
a voluntary relationship arising out of the parties' agreement, express or implied
A project undertaken by two or more parties to achieve a mutual objective.
An undertaking by two parties for a specific purpose and duration, taking any of several legal forms. Two corporations, for example, perhaps from two different countries, may undertake to provide a product or service that is distinct, in kind or location, from what the companies do on their own.
A type of partial structural integration in which one or more separate organizations combine resources to achieve a stated objective. The participating companies share ownership of the venture and responsibility for its operations, but usually maintain separate ownership and control over their operations outside of the joint venture.
A business enterprise in which a small number of separate and independent participants share control.
An undertaking in which an NHS Foundation Trust is a corporate member. Joint ventures may be commercial or non-commercial and may involve an NHS Foundation Trust becoming a member of a company alongside one or more other public/private sector
A joint venture is the pooling of the assets and liabilities of two or more firms for the purpose of accomplishing a specific goal and on the basis of sharing profits/losses.
Parties share costs, revenues, assets and liabilities in proportion to their equity interest in Licence / Field.
A project where two or more individuals take part in a business transaction to share the cost, risk, and reward.
An alliance between two or more entities to carry out a single business enterprise by pooling property, money, equipment, and/or know-how.
A form of strategic alliance in which a business is owned jointly by two or more independent firms that continue to function separately in all other respects but pool their resources in a particular line of activity.
The onshore and offshore companies cooperatively form a new, separate company for a specific purpose, such as a manufacturing startup. Joint ventures are generally a long-term solution and require capital investment.
A separate company is formed between different country or area based companies for a specific purpose, such as a manufacturing purpose. Joint ventures are generally of a long term nature.
partnership formed for a specific undertaking; it results in the formation of a new legal entity
An entity in which the group holds an interest on a long term basis and is jointly controlled by the group and one or more venturers under a contractual arrangement whereby decisions on financial and operating policies essential to the operation, performance and financial position of the venture require each venturer's consent
An arrangement where two or more individuals or corporations join together on a single project as partners.
The temporary association of two or more businesses to secure and fulfill a procurement bid award. No entries for K
A legal entity created by two or more businesses joining together to conduct a specific business enterprise with both parties sharing profits and losses. It differs from a strategic alliance in that there is a specific legal entity created.
A joint venture is a corporate entity created by two (2) or more parties for a common purpose in which the parties agree to share management, control, profits and losses.
A type of internet marketing strategy wherein two or more people go together on a project. Most commonly, an unknown will develop a product, and "JV" with a more experienced person who either has marketing skills lacked by the newcomer, or perhaps has a name and reputation, or a large mailing list, that will help to sell the product.
Co-operation of one or more companies which can take place by means of a co-operation agreement or by the foundation of a common subsidiary or investment company. Synonym: Partnership company.
A partnership established by two or more persons to carry out a specific undertaking. It usually is dissolved after the objective has been achieved. For the duration of the agreement, each partner has unlimited liability.
A business entity composed of two or more people joined together to conduct a single enterprise for profit. It is treated legally almost like a partnership, but differs from a partnership by having as its objects a single venture instead of a continuing business.
A venture in which two businesses join together to share risk or expertise on a specific project or group of projects.
an international business collaboration between foreign interests and private parties from a host country in which two or more parties establish a new business enterprise to which each contributes and where ownership and control are shared.
A contractual arrangement whereby two or more parties undertake an economic activity which is subject to joint control.
A special type of strategic alliance in which the partners share in the ownership of an operation on an equity basis
A mineral exploration program or mine operation funded by two or more parties.
A Joint Venture is an association of two or more businesses – including one certifed local, small, or disadvantaged business enterprise with at least 51 percent ownership, management and control – temporarily formed to carry out a single business activity or project for profit in which they combine their property, capital, efforts, skills, and knowledge. The association is limited in scope and duration. The LSDBE venture partner must remain within the above small business size standards in order to qualify for approval, in accordance with DCMR Section 812.12. (FS).
An arrangement involving at least two business entities joining together for a specific business purpose, e.g. exploitation of particular IP rights, to enhance the productive potential of both companies. May involve a new entity part owned by each participant (incorporated joint venture) or a contractual arrangement only (unincorporated joint venture).
a business relationship formed between a domestic and foreign firm.
An agreement between two or more parties who invest in a single business or property; similar to a limited partnership.... read full article
A mutually beneficial business arrangement between two companies.
an agreement by two or more individuals or entities to engage in a single project or undertaking. Joint ventures are used in real estate development as a means of raising capital and spreading risk. For all practical purposes a joint venture is similar to a general partnership. However, once the purpose of the joint venture has been accomplished, the entity ceases to exist. (empty)
Cooperative partnership in which organizations share investment costs, risks, management, and profits in the development, production, or selling of products.
A business undertaking in which more than one company shares ownership and control.
A separate company or business jointly owned by two or more organisations.
An agreement between two or more parties to cooperate on a project. Unlike a partnership, the parties remain separate―although they may have varying levels of responsibilities for portions of the project. Joint ventures are usually intended for a limited duration and are dissolved once the project is complete. Jointure Similar to dower rights, jointure receives to property given to a bride before marriage.
Two or more companies that form a new venture.
JV. The legal means of dividing the Project's equity either by shareholdings in a company (Incorporated JV) or by way of a contract (Unincorporated JV).
Two or more employers (usually contractors) who associate and collaborate for the purpose of undertaking one or more projects. The projects under taken by a Joint Venture are usually of a limited duration with specified objective(s).
A joining of the financial resources and skills of several contractors to undertake contracts of construction too large for their individual and separate abilities.
collaborative fishing operation, usually involving two companies from different countries.
A business entity established for a specific task, operation, or goal.
A business partnership between two companies, two individuals, or a company and an individual.
Either A joint owner ship of a firm by two or more persons or other firms, or partnership between two or more companies mutually engaged in a part icular venture such as a major project. In this case, the venture exists for a specific purpose for a limited time. [D02910] PMDT
An undertaking by two or more legal entities for a specific purpose and duration for mutual gain or mutual sharing of profits and losses.
A joint activity of two or more companies usually performed under a common name.
The joining of two or more people to conduct a specific business enterprise. A joint venture is similar to a partnership in that it must be created by agreement between the parties to share in the losses and profits of the venture. It is unlike a partnership in that the venture is for one specific project only, rather than for a continuing business relationship. ( See partnership )
A project which two or more persons undertake together, sharing the cost, the risk and the reward.
A combination of two or more individuals or legal entities who undertake together a transaction for mutual gain or to engage in a commercial enterprise together with mutual sharing of profits and losses; or a form of business partnership involving joint management and the sharing of risks and profits as between enterprises based in different countries.
Business undertaking by two or more persons to conduct a single enterprise for profit. Joint venture has characteristics of a partnership, but relates to a single venture.
A form of ownership in which partners bring different attributes to the venture; typically, the partner who holds the majority ownership is in control of the venture and bears the greater burden of responsibility in its success or failure. An association typically formed between institutions and developers for the development of real estate.
Business operations performed by two or more companies jointly, with shared risk-taking.
(JV) An agreement by two or more individuals or entities to engage in a single project or undertaking. Joint ventures are used in real estate development as a means of raising capital and spreading risk. Joint ventures are similar to partnerships, however once the purpose of the joint venture is accomplished the partnership ceases to exist.
A partnership between two or more parties for the purpose of purchasing, owning, and/or developing real estate for a specific purpose and duration.
An agreement between two or more parties who invest in a property or business.
A type of partnership arrangement between two otherwise independent businesses that agree to undertake a specific project together for a specified time period.
The term 'joint venture' for the purposes of this study is a partnership between a disability service organisation and a for-profit business, involving shared investment and shared risk, and enabling the partners to bring their own expertise to the venture. It can operate on either of the partner's site, or on a separate site established for the purpose.
a joint venture is where two or more persons (either individual people or companies) enter into an agreement to undertake a business venture for joint profit. The joint venture can be simply an agreement between the parties as to who does what, invests what and gets what at the end, or it can be an entirely new company set up for the specific purpose of pursuing the joint business.
A legal entity consisting of several persons jointly undertaking a commercial enterprise for profit.
Type of equity participation in which the lender puts up the funds, the developer contributes special expertise and the two become partners in the project.
A form of business organization composed of two or more natural or artificial persons to conduct a single enterprise for profit.
The cooperation of two or more individuals or enterprises in a specific business enterprise, rather than in a continuing relationshipS.as in a partnership.
an agreement between two or more independent businesses to create a project or business vehicle in which they will share the costs and management as well as the profits or benefits arising from the venture. The exact shares and responsibilities will be set out in a Joint venture Agreement.
A business jointly controlled by two or more parties.... more on Joint venture
Arrangement where two or more organizations agree to work together on a project or order to achieve a common goal.
an association of two or more parties who combine their money, property, knowledge, skills, experience, time or other resources in a joint business enterprise, agreeing to share the profits and the losses and each having some degree of control over the enterprise.
An agreement between two or more businesses to mutually accomplish a business objective.
A joining of two or more people in a specific business enterprise; similar to a partnership, and generally with no intention of a continuing relationship beyond the original purpose.
Co-operation on a project or business between two or more corporate bodies.
JV): A general partnership typically formed to undertake a particular business transaction or project rather than one intended to continue indefinitely.
A temporary or sometimes permanent partnership formed by companies for the purpose of jointly completing one or more projects.
The term is used loosely to refer to a wide variety of legal arrangements in which two or more parties combine their resources for some limited purpose, for a limited time and agree to share the profits and losses from the venture. Generally the joint venture will be established by a contract in which the joint venturers agree they will do certain things to carry out their common purpose. A joint venture could be established by having an independent corporation hold the joint venture assets, or simply by the parties allowing the use of their own assets in the venture.
A partnership between a domestic company and a foreign company or government. p. 94
This expression is applied most often to construction ventures where several contractors agrees to combine together on a construction project rather than to act as separate contractors. Under the joint venture agreement, they share profits and losses in some agreed-upon proportion.
A jointly owned company set up by private and public sectors to complete a project which brings benefits to both parties
(A ‘coined’ expression) that refers to (not a Franchisor & Franchisee) but a Joint Venturor and Joint Venturee that operate a Limited Liability Company, with the primary Members being Independent Contractors, together with a Non-Compete and Non-Disclosure Agreement. This entity will primarily be operated under a continually updated (SOP) Standard Operations Manual.
A cooperative business agreement or partnership between two or more parties that is usually limited to a single enterprise and that involves the sharing of resources, control, profits, and losses.
A joint venture is usually a goal-oriented cooperation between two or more business, involving the creation of a separate organization managed jointly by the parties. The joint venture usually has its own management, employees, etc. Cooperation is limited to defined areas.
A business undertaking between two or more companies or organizations which will share ownership and control of the joint company’s activities. Français: Entreprise en participation Español: Empresa conjunta, empresa mixta, operación conjunta, proyecto mixto, proyecto en común, proyecto de riesgos compartidos
An unincorporated contractual association between two or more parties to undertake a specific business project.
A cooperative agreement between two or more companies for a specific project or business venture, usually with one company acting as operator. All involved companies share in the costs and profits of the venture.
Business undertaking in which more than one firm share ownership and control of production and/or marketing.
A strategic alliance undertaken jointly by two or more parties bringing in capital and know-how, but otherwise retaining their separate identities.
Two or more businesses joining together under a contractual agreement to conduct a specific business enterprise in which all partners share profits and losses.
A business relationship when two or more persons join their labor or property for a business undertaking and share profits.
When two independent businesses wish to combine forces in a business project, they may form a joint venture to operate the new project as a separate enterprise. This can take the form of a simple contractual arrangement, a partnership or a joint venture company.
An association of persons for a particular piece of business
A type of partial structural integration in which one or more separate organizations combine resources to achieve a stated objective. For example, independent practice associations can share ownership of a venture and responsibility for its operations, but still maintain separate ownership and control over their operations outside of the joint venture.
A form of business partnership between two or more companies to engage in a commercial enterprise with mutual sharing of profits and losses.
An association between two or more parties to own and/or develop real estate. It may take a variety of forms including partnership. It is formed for specific purposes and duration.
The joining of two or more people in a specific business enterprise such as the development of a condominium project or a shopping center.
An agreement between two or more parties to invest in a specific single business or property. Although not a continuing relationship, it is treated as a partnership for income tax purposes.
When two or more persons or organizations gather CAPITAL to provide a product or service. Often carried out as a PARTNERSHIP.
An enterprise participated in by associates acting together, with a community of interests, each associate having the right to participate in its management. For income tax purposes, a joint venture is treated as a partnership, not taxable in its own capacity, but regarded as a taxpayer for the purpose of computing its taxable income, which is distributable among the associates in the proportions agreed upon. Such distributive shares are reported by the associates on their individual income tax returns.
Two or more individuals or firms joining together on a single project. Similar to a partnership, with some variations.
A business venture undertaken by two or more parties who jointly control the venture and split the risks and rewards in accordance with the legal agreement establishing the venture.
An agreement between two or more firms to risk equity capital to attempt a specific business objective.
A business activity of common purpose between two or more parties pursuant to an agreement to share profit and losses, management responsibilities and other business responsibilities and benefits as decided between them and at a mutually agreeable responsibility sharing percentages.
Two or more groups getting together on a project as partners.
An enterprise entered into by two or more people for profit, for a limited purpose, such as purchase, improvement and sale or leasing of real estate.
In the construction industry, a partnership formed by two or more contractors, usually to bid on larger jobs that a single contractor may not be able to bond.
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture.
Joint Venture is the eighth album released by the Kottonmouth Kings released November 15, 2005.
The German singer-songwriter duo Joint Venture, consisting of Martin "Kleinti" Simon and Götz Widmann, was founded in 1993 in Bonn where they played their first show in October 1993. On July the 5th, 2000 Simon died of a heart attack, bringing an end to the Joint Venture. Götz Widmann has since been playing solo, but keeping to the style of music played by Joint Venture.