joint venture

/ˈdʒɔɪnt ˌvɛntʃər/

/dʒɔɪnt ˈvɛntʃə/

Other forms: joint ventures

Definitions of joint venture

1. noun

   a venture by a partnership or conglomerate designed to share risk or expertise
   “a joint venture between the film companies to produce TV shows”

   types:

   foreign direct investment

   a joint venture between a foreign company and a United States company

   type of:

   venture

   any venturesome undertaking especially one with an uncertain outcome