Related topics: google

Walney offshore wind farm is world's biggest (for now)

(PhysOrg.com) -- The Walney wind farm on the Irish Sea--characterized by high tides, waves and windy weather--officially opened this week. The farm is treated in the press as a very big deal as the Walney farm is presently ...

Maldives floating island masterplan tests the waters

(Phys.org) -- From tourist paradise to devastation to sustainable future, an imaginative path toward rebirth is possible for global coastal populations at risk of being wiped out by rising sea levels. That path lies in artificial ...

State of Russia's ISS segment sparks safety concerns

A Russian space official on Tuesday raised concerns about the deteriorating state of Russia's segment of the International Space Station due to out-of-date hardware, warning it could lead to "irreparable failures".

Brazil confirms satellite deal after US spying outcry

Brazil's state-owned telecom provider Telebras signed a $560 million contract to deliver a satellite for secure communications on Thursday, following months of outrage over revelations of US cyber-spying.

Shell says two new leaks on Nigerian pipeline

Oil giant Shell on Monday said two new leaks had occurred on one of its pipelines in southern Nigeria after similar incidents in recent days blamed on crude theft.

page 1 from 15

Joint venture

A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.

The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.

This text uses material from Wikipedia, licensed under CC BY-SA