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joint venture |
Also found in: Medical, Legal, Financial, Wikipedia | 0.06 sec. |
joint ventureIn business, a collaborative undertaking in which two or more legal entities contribute capital and expertise and share risk. Joint ventures are often arranged between companies involved in large projects, or by those seeking to expand their markets by setting up in business abroad with the benefit of local knowledge. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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That ruling, which the district court did not cite, analyzes a joint-venture transaction similar to the one undertaken by St. QBE) following the announcement that it has agreed in principle to the formation of a joint-venture company with HIH Insurance Ltd. |
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