Business Pitch Dictionary by pitch.dog
Company forms & group structures · Core

Joint venture

Also called: JV

ELI5

A business arrangement in which parties combine resources for a specific enterprise or objective.

Used in conversation

“The draft mentions joint venture, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Joint venture” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches company forms & group structures.

Why it matters: In company forms & group structures, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.