joint venture

1. 1.

   a venture by a partnership or conglomerate designed to share risk or expertise

   “a joint venture between the film companies to produce TV shows”

   Broaderventure

   Narrowerforeign direct investment

Questions about joint venture

What does joint venture mean?

joint venture means "a venture by a partnership or conglomerate designed to share risk or expertise".

Is joint venture a common word?

joint venture is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.