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单词 joint venture
释义 joint venture

joint venture noun [C]

a new business that is started by two or more companies, often in the form of an independent company whose shares they own; the product or service that the business sells or provides:

The French company has a joint venture with Dongfeng Motor in China.

The two firms plan to launch a 50-50 joint venture

(= one which they each own half of).

setting up a joint venture to build a new small car

❖ to create/form/have/launch/set up a joint venture (with sb/sth)

◆ a joint venture agreement/company/partner

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更新时间:2025/4/13 9:53:54