joint venture is the joining of two or more people to conduct a specific business enterprise. A joint venture is similar to a partnership in that it must be created by agreement between the parties to share in the losses and profits of the venture. It is unlike a partnership in that the joint venture is for one specific project only, rather than for a continuing business relationship. (See partnership).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). joint venture. Retrieved September 25, 2026, from http://smartdefine.org/joint_venture/definitions/1156703 |
| Chicago | Barry Goldsmith. 2010. "joint venture" http://smartdefine.org/joint_venture/definitions/1156703 (accessed September 25, 2026). |
| Harvard | Barry Goldsmith 2010, joint venture, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/joint_venture/definitions/1156703>. |
| MLA | Barry Goldsmith. "joint venture" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/joint_venture/definitions/1156703> |