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joint venture
(redirected from Joint ventures)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.09 sec.

joint venture

In business, an undertaking in which an individual or legal entity of one country forms a company with those of another country, with risks being shared.


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Wacker-Chemie GmbH, Munich, Germany, and Dow Corning, Midland, MI, have finalized the master agreement for their planned Asian joint ventures to produce silicone intermediates and fumed silica in the Shanghai, China, area.
Whitestone Communications (New York) has launched two new electronic information products covering mergers and acquisitions, Joint ventures and new media products.
The Exempt Organization Taxation Technical Resource Panel is preparing an Information Letter Request to the Internal Revenue Service containing examples of ancillary joint ventures between tax-exempt organizations and for-profit investors that would not jeopardize the organization's exempt status.
 
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