joint venture agreement

joint venture agreement
When two independent businesses wish to combine forces in a business project, they may form a joint venture to operate the new project as a separate enterprise. This can take the form of a simple contractual arrangement, a partnership or a joint venture company.

Easyform Glossary of Law Terms. — UK law terms.

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  • joint operating agreement — Any contract, agreement, joint venture, or other arrangement entered into by two or more businesses in which the operations and the physical facilities of a failing business are merged, although each business retains its status as a separate… …   Law dictionary

  • Joint venture — For other uses, see Joint Venture (disambiguation). A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and… …   Wikipedia

  • joint venture — An agreement between two or more firms to undertake the same business strategy and plan of action. Bloomberg Financial Dictionary See: incorporated joint venture and unicorporated joint venture. Bloomberg Financial Dictionary * * * joint venture… …   Financial and business terms

  • joint venture — joint ven·ture / ven chər/ n 1: a cooperative business agreement or partnership between two or more parties that is usu. limited to a single enterprise and that involves the sharing of resources, control, profits, and losses compare combination 2 …   Law dictionary

  • joint venture company — A company owned by two or more separate business interests to share a separate project as a joint endeavour distinct from their respective businesses. It is commonly accompanied by a shareholder s agreement. Easyform Glossary of Law Terms. UK law …   Law dictionary

  • joint venture — noun count BUSINESS an agreement between two companies to work together on a particular job, usually in order to share any risk involved …   Usage of the words and phrases in modern English

  • joint-venture — [c]/dʒɔɪnt ˈvɛntʃə/ (say joynt venchuh) verb (joint ventured, joint venturing) –verb (t) 1. to undertake (a business enterprise) as a partner in a joint venture. –verb (i) 2. (sometimes followed by with) to enter into an agreement, for the… …  

  • joint venture — A legal entity in the nature of a partnership engaged in the joint undertaking of a particular transaction for mutual profit. Tex Co Grain Co. v. Happy Wheat Growers, Inc., Tex.Civ.App., 542 S.W.2d 934, 936. n association of persons or companies… …   Black's law dictionary

  • joint venture — A legal entity in the nature of a partnership engaged in the joint undertaking of a particular transaction for mutual profit. Tex Co Grain Co. v. Happy Wheat Growers, Inc., Tex.Civ.App., 542 S.W.2d 934, 936. n association of persons or companies… …   Black's law dictionary

  • joint venture — UK / US noun [countable] Word forms joint venture : singular joint venture plural joint ventures business an agreement between two companies to work together on a particular job, usually in order to share any risk involved …   English dictionary

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