Joint venture

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    A cooperative partnership between two individuals or businesses in which profits and risks are shared.; A cooperative partnership between two or more criminals.
  2. 2
    a venture by a partnership or conglomerate designed to share risk or expertise wordnet
  3. 3
    A cooperative partnership between two individuals or businesses in which profits and risks are shared.; Any cooperative partnership or agreement. broadly