Joint Venture

Property	Value
A technical identifier, unique in a certain context. Technical key	LF136
Language-specific name. Monolingual name	Joint Venture (en)
Language-specific short name. Monolingual short name	Joint Venture (en)
Informal and comprehensive human-readable definition of a concept. Description	A business arrangement where two or more independent entities form a new entity by pooling their resources and expertise. Joint ventures are established to pursue specific projects or ventures that require combined capabilities, shared risks, and joint investments. They enable participants to leverage each other's strengths, access new markets, and achieve mutual objectives while maintaining their separate legal identities.