Joint venture

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A '''joint venture''' is a business tactic formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise.
A '''joint venture''' is a business tactic formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise.
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==See Also==
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* [[Merger]]
[[Category: business]]
[[Category: business]]

Current revision as of 05:55, 7 October 2008

A joint venture is a business tactic formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise.

[edit] See Also

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