joint venture Synonyms

No Synonyms and anytonyms found

joint venture Meaning

Wordnet

joint venture (n)

a venture by a partnership or conglomerate designed to share risk or expertise

joint venture Sentence Examples

1. The two companies engaged in a joint venture to leverage their resources and expertise.
2. The joint venture was established to develop and produce a new line of products, combining the strengths of both partners.
3. The terms of the joint venture were carefully negotiated to ensure fair sharing of profits and responsibilities.
4. The joint venture enabled the companies to share costs and reduce the risks associated with the project.
5. The joint venture provided access to new markets and customers for both partners, expanding their reach and potential for growth.
6. The joint venture allowed the companies to pool their resources and capabilities, enhancing their overall competitiveness.
7. The joint venture helped the companies to innovate and develop new technologies and products, leading to a competitive advantage.
8. The joint venture facilitated knowledge transfer and cross-pollination of ideas between the partner organizations, leading to increased productivity and efficiency.
9. The joint venture fostered collaboration and cooperation between the companies, creating a stronger and more resilient partnership.
10. The success of the joint venture encouraged the companies to consider future collaborations and potential new ventures in other areas.

FAQs About the word joint venture

What is the meaning of the word joint venture

a venture by a partnership or conglomerate designed to share risk or expertise

What are the synonyms of the word joint venture

No synonyms found.

What are the antonyms of the word joint venture

No antonyms found.

What is the usage of word joint venture

The two companies engaged in a joint venture to leverage their resources and expertise.

The joint venture was established to develop and produce a new line of products, combining the strengths of both partners.

How to use the word joint venture in a sentence?

The terms of the joint venture were carefully negotiated to ensure fair sharing of profits and responsibilities.

The joint venture enabled the companies to share costs and reduce the risks associated with the project.