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joint ventures (organizations)


Identification code: 300400490



Alternative term/s

  • joint adventures
  • joint venture
  • ventures, joint

Anotations

Scope note:

Enterprises or organizations, usually commercial, in which two or more parties jointly undertake the enterprise, but otherwise retain their distinct identities. It differs from "partnerships (companies)" in that a partnership generally involves an ongoing, long-term business relationship, whereas a joint venture is based on a single business transaction or project.

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