Skip to main content

Joint Venture (JV)

A joint venture (JV) is an agreement between two or more parties to combine their resources in order to carry out a certain objective, such as a new project or any other type of commercial activity. Each partner in a JV is accountable for the venture's gains, losses, and expenses. The venture, however, exists independently of the participants' other commercial ventures.

Popular posts from this blog

Delta Air Lines Soars Past Q1 Expectations Amid Turbulent Skies

Wall Street Slides as Tariff-Driven Recession Fears Take Center Stage

Markets on Edge as Tariff Tensions, Economic Weakness Signal Rolling Recession