Joint venture

USAGE SUMMARY

The phrase "Joint venture" is correct and usable in written English.
It is typically used in business contexts to refer to a commercial enterprise undertaken by two or more parties that agree to share resources, risks, and profits. Example: "The two companies formed a joint venture to develop new technology for renewable energy."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Joint Venture: Humana, Crispin Porter & Bogusky , Trek Bicycle

Forbes

Joint venture cars also tend to be "half-hearted" compromises.

Forbes

The joint venture is pending regulatory approval.

The New York Times

One joint venture was Suiza Foods.

The New York Times

The joint venture could also go sour.

The New York Times

Success and blame become a joint venture.

The New York Times - Sports

That's a joint venture with Tishman Speyer.

The New York Times

The joint venture is unusual.

The New York Times

So they decided on a joint venture.

The Guardian - Lifestyle

This is the pair's seventh joint venture.

The Guardian - Music

A joint venture would be considered.

The New York Times

Expert writing Tips

Best practice

When describing a "Joint venture", be specific about the roles, responsibilities, and contributions of each participating entity to provide clarity.

Common error

Don't assume any collaboration is a "Joint venture". A "Joint venture" involves shared resources, risks, and profits, not just a contractual agreement for specific services.

Linguistic Context

The phrase "Joint venture" functions as a noun, typically serving as the subject or object of a sentence. Ludwig AI confirms its role as a common term within business contexts, referring to a collaborative partnership.

Expression frequency: Very common

Frequent in

News & Media

52%

Formal & Business

25%

Science

23%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "Joint venture" is a well-established term referring to a cooperative partnership where risks and profits are shared. Ludwig AI identifies it as grammatically correct and frequently used, predominantly within news, business, and scientific contexts. Alternative phrases include "strategic alliance" and "business partnership". When using the phrase, it's essential to differentiate a "Joint venture" from a basic contractual agreement, emphasizing the shared commitment of resources and risks. The phrase's prevalence in authoritative sources like The New York Times and Forbes underscores its credibility and widespread acceptance.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Business partnership

Highlights the collaborative nature of the business relationship.

Business collaboration

A general term for businesses working together.

Strategic alliance

Focuses more on the strategic aspect of the collaboration.

Commercial alliance

Stresses the commercial aspects of the partnership.

Cooperative enterprise

Emphasizes the shared effort and resources in the undertaking.

Consortium

Suggests a more formal and often larger-scale collaboration.

Collaborative project

Broader term that can apply to non-business contexts.

Affiliate venture

Indicates a close association between the ventures.

Shared undertaking

Focuses on the common goal and effort involved.

Combined operation

Highlights the merging of operations.

FAQs

How is a "Joint venture" different from a merger?

A "Joint venture" involves two or more parties combining resources for a specific project or business purpose, while a merger involves the complete consolidation of two or more entities into a single entity.

What are the key benefits of forming a "Joint venture"?

Key benefits include shared risk, access to new markets or technology, and the ability to pool resources. However, it's important to carefully consider potential drawbacks, such as conflicting management styles or objectives.

What legal considerations are involved in setting up a "Joint venture"?

Legal considerations include structuring the agreement, defining responsibilities, addressing intellectual property rights, and ensuring compliance with relevant regulations. Consult with legal counsel to navigate these complexities.

What can I say instead of "Joint venture"?

You can use alternatives like "strategic alliance", "business partnership", or "cooperative enterprise" depending on the context.