- December 19, 2020
- Posted by: samdenis
Definition of joint venture The term joint venture is an anglicism commonly used in economic jargon to define a multi-company joint venture in which each company holds the same number of shares. This company… Joint-Venture A joint venture creates a partnership between several companies. A joint venture allows partnerships to be created between several companies. The term joint venture is a common anglicism in economic jargon for the definition of a multi-company company in which each company holds the same number of shares. This company can be created for a long-term partnership or for a limited time if it meets a very particular need. The companies involved in the creation of the joint venture want above all to create synergies between them by pooling their skills and technological knowledge, while limiting costs and risks. If they partner with a foreign company, they can also benefit from easier access to an otherwise difficult-to-access foreign market (such as India or China). Although joint ventures exist in many areas, they are often used by oil and film companies. Short phrases: 1-400, 401-800, 801-1200, more. Results: 140.
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