Joint venture?

a commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities. A joint venture is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. A joint venture (JV) is a business arrangement in which two or more parties agree to pool their. A joint venture is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared. A joint venture (JV) is an arrangement between business entities, often to start a new business. Joint Venture is business preparation in which more than two organizations share the ownership, expense, return of investments, profit, governance, etc.