0 a business or business activity that two or more people or companies work on together: --
1 an arrangement between two or more companies to work together on a particular project: --
There is actually no provision for the promotion of joint venture companies or of temporary relationships between undertakings.
In the typical private joint venture envisioned in the 60/40 partnership example above, the boundaries between the partnership's activities and the separate activities of each partner are clearly demarcated.
The multinationals, sometimes in joint venture with the state or large private businesses, have invested in manufacturing as well as in other sectors of the economy.
One of them said that they ' have come a long way together ', and had been friends long before they decided to cooperate in a joint venture.
It was a true joint venture.
However, as the complicated definition of the proposed excise duty had unexpectedly revealed, the definition of a "foreign company" or a "joint venture" itself was obviously difficult.
The joint venture is aimed at a search for evidence of organisms that may have been there some three billion years ago.
The joint venture domain had venture as its most general type and only one subtype joint venture.
