Joint Venture Agreement definitions

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Joint Venture Agreement

Joint Venture Agreement logo #20456When two independent businesses wish to combine forces in a business project, they may form a joint venture to operate the new project as a separate enterprise. This can take the form of a simple contractual arrangement, a partnership or a joint venture company.
Found on http://www.encyclo.co.uk/local/20456

Joint Venture Agreement

Joint Venture Agreement logo #20550An agreement where two or more parties create an organisation (usually a company) to run a commercial venture or merge separate organisations. Each of the parties has a share in the joint venture.
Found on http://www.encyclo.co.uk/local/20550
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