joint venture
Shared commercial undertaking
A joint venture is a business arrangement where two or more parties agree to pool resources for a specific project while remaining independent entities.
Unlike a merger, each participant retains its own identity and shares in the profits, losses, and control: The automakers entered a joint venture to develop electric vehicle technology.
Often shortened to JV.
Formal union of parties
- consortiumCooperative group for ventures
- cooperationJoint action toward shared aims
- collaborationJoint intellectual work
- affiliationFormal organizational connection
coalition · association · federation · confederation · pact · agreement · memorandum · co-ownership
Corporate combination
- acquisitionAct of obtaining something
- consortiumCooperative group for ventures
- allianceFormal union of parties
- subsidiaryOf lesser importance
holding · multinational · conglomerate · incorporation · franchise · spin-off · buyout · divestiture
Wealth used for investment
- equityImpartial treatment or ownership value
- fundingSupplying monetary resources
- stakeSharpened post or share
- dividendCorporate profit share
portfolio · asset · finance · return · liquidity · seed funding · infusion · contribution
Combined effect exceeding components
- expansionIncrease in scope
- diversificationExpanding into varied areas
- market entryBeginning commercial presence
- globalizationWorldwide economic and cultural integration
competitive advantage · scalability · localization · vertical integration · cross-border · emerging markets · distribution · supply chain
alliance
Formal union of parties
- consortiumCooperative group for ventures
- cooperationJoint action toward shared aims
- collaborationJoint intellectual work
affiliation · coalition · association · federation · confederation · pact · agreement · memorandum · co-ownership · profit-sharing
merger
Corporate combination
- acquisitionAct of obtaining something
- consortiumCooperative group for ventures
- allianceFormal union of parties
subsidiary · holding · multinational · conglomerate · incorporation · franchise · spin-off · buyout · divestiture · shareholder
capital
Wealth used for investment
- equityImpartial treatment or ownership value
- fundingSupplying monetary resources
- stakeSharpened post or share
dividend · portfolio · asset · finance · return · liquidity · seed funding · infusion · contribution · valuation
synergy
Combined effect exceeding components
- expansionIncrease in scope
- diversificationExpanding into varied areas
- market entryBeginning commercial presence
globalization · competitive advantage · scalability · localization · vertical integration · cross-border · emerging markets · distribution · supply chain · manufacturing
- collaborationteamwork, partnership, co-creation, alliance, sharing
- brand partnershipsbrand partnership, co-branding, tie-in, product placement, movie tie-in
- businesscompany, corporation, firm, enterprise, commerce
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- Acuerdosentente, fusion, cartel
- agreementshandshake, contract, nod, accords, verbal consent
joint ventureacquisition
Act of obtaining something
takeover · hostile takeover · merger · buyout · dissolution
joint venturecompetition
Struggle for supremacy
rivalry · competitor · price war · trade war
joint, venture, adventure, adventurous, rejoin, adventurer, joints, jointly, enjoin