JFinance glossary

Joint Venture

Quick definition

A business partnership between two or more companies.

Overview

A joint venture is a business arrangement in which two or more companies collaborate on a shared project while sharing the risks and rewards.

Common Uses

  • Sharing resources
  • Accessing new markets
  • Product development

Examples in Small Businesses

  • Collaborating on a specific project
  • Exploring new technologies
  • Entering a foreign market
← Back to glossary
FREE FOREVER PLAN

Start Managing Your Finances for Free

Join 2,500+ businesses using Trezy. Our free plan gives you real financial visibility — upgrade anytime for advanced features like AI forecasting and multi-bank sync.

Free forever plan
No credit card required
Ready in under 5 minutes