MLchartDataset catalogue

Joint venture

Term · Law · MLC-T-LAW-002826

A commercial undertaking by two or more parties who agree to pool resources and share profits, losses, and control. This collaboration is formed for a specific project or a limited duration, rather than as an ongoing partnership. The legal structure can vary, including corporations, partnerships, or contractual agreements, and is governed by the terms of the joint venture agreement.

Table 1. Record
IdentifierMLC-T-LAW-002826
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002826",
  "term": "Joint venture",
  "field": "Law",
  "definition": "A commercial undertaking by two or more parties who agree to pool resources and share profits, losses, and control. This collaboration is formed for a specific project or a limited duration, rather than as an ongoing partnership. The legal structure can vary, including corporations, partnerships, or contractual agreements, and is governed by the terms of the joint venture agreement.",
  "url": "https://mlchart.com/terminology/law/joint-venture/"
}

Record 2,761 of 5,441 in Law terminology (MLC-0107). Request the full dataset.