joint venture (economic concept)
Identification code: 300055732
Español: agrupación temporal de empresas (economic concept (traducció pendent)) | Català: aliança d'empreses (economic concept (traducció pendent))
Hierarchy classification:
Additional parents:
Related term/s
Alternative term/s
- joint adventures
- joint ventures
- venture, joint
Anotations
Scope note:
Contractual business transaction between two or more parties that is restricted to specified undertakings during a particular time frame. It differs from "partnership (legal concept)," in that partnership is a long-term agreement.
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