from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A partnership or conglomerate, formed often to share risk or expertise: a joint venture between the film companies.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A cooperative partnership between two individuals or businesses in which profits and risks are shared
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a venture by a partnership or conglomerate designed to share risk or expertise
Sorry, no etymologies found.
In April 1983 Nicholas Babich, president of Hitchiner Manufacturing Company, thought back to eight months earlier, when a feasibility study by a Harvard intern concluded that Hitchiner should expand its operations into Mexico via a joint venture with an influential private industrialist and entrepreneur.
Creating a joint venture for microcomputers would create a conflict among IBM Corporation, IBM de Mexico the current minicomputer manufacturer, and the new company.
With a long history of collaborating with U.S. companies Atlantic Richfield, J. R. McDermott, and Dresser Industries, to name a few, he had ample experience in joint venture negotiations and a reputation for being able to make these ventures profitable in Mexico.
This management team would be backed up by the chief executives of the joint venture partners, by appropriate legal and accounting services, and by Keiley, Goonewardene, and others.
The mall is being developed in a joint venture with Vijaya Productions and has a floor space of 7 lakh square feet.
The plant, to be located in Aceh Province between Banda Aceh and the Arun gas fields on the north of Sumatra island, would produce a range of petrochemicals from ethane, which would be extracted by Pertamina or a joint venture from the natural gas feeding a liquification plant operated by Pertamina.
As of 1985 about 38% of U.S. manufacturing subsidiaries in developing countries were joint ventures.10 The desirability of a joint venture depends on the extent to which the needs and resources of the potential partners are complementary and their operating philosophies and styles compatible.11 The managements of Hitchiner and the Mexican Lanzagorta group faced this difficult task of assessing the desirability of joining forces.
Next, it presents us with a project proposal whereby Packages, having moved up the technological capability ladder, would be the transferer of its technology to a new joint venture in Zambia.
The facility, in northwest Red River Parish, Louisiana, is operated by TGGT Midstream, a joint venture of EXCO Resources
Regarding the joint venture, Lanzagorta stated, The main objective of the joint venture with Hitchiner would be to make a sound, growing profit.