| English Dictionary |
JOINT VENTURE
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| IPA (US): |  |
Dictionary entry overview: What does joint venture mean?
• JOINT VENTURE (noun)
The noun JOINT VENTURE has 1 sense:
1. a venture by a partnership or conglomerate designed to share risk or expertise
Familiarity information: JOINT VENTURE used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A venture by a partnership or conglomerate designed to share risk or expertise
Classified under:
Nouns denoting acts or actions
Context example:
a joint venture between the film companies to produce TV shows
Hypernyms ("joint venture" is a kind of...):
venture (any venturesome undertaking especially one with an uncertain outcome)
Hyponyms (each of the following is a kind of "joint venture"):
foreign direct investment (a joint venture between a foreign company and a United States company)
Context examples
To modernize its military, in 2018, Hungary licensed Czech firearm technology and started assembling firearms in Kiskunfélegyháza, then agreed with Airbus to open a helicopter parts factory as a joint venture in Gyula.
(Hungarian state-owned enterprise acquires Hirtenberger Defence Group, Wikinews)
| Learn English with... Proverbs |
"Unfortunates learn from their own mistakes, and the lucky ones learn from other's mistakes." (Afghanistan proverb)
"When you are dead, your sister's tears will dry as time goes on, your widow's tears will cease in another's arms, but your mother will mourn you until she dies." (Arabic proverb)
"Just toss it in my hat and I'll sort it to-morrow." (Dutch proverb)