Traduire Joint Venture Agreement
Definition of joint venture The term joint venture is an anglicism often used in economic jargon to define a joint venture with several undertakings in which each holds the same number of shares. This company. Joint Venture A joint venture creates a partnership between several companies. A joint venture makes it possible to create partnerships between several companies. The term joint venture is an Anglizist term that is often used in economic jargon to define a joint venture with several companies, each of which holds the same number of shares. This company can be created for a long-term partnership or for a limited period of time, if it meets very specific needs. The companies involved in the creation of the joint venture are primarily interested in creating synergies between them by pooling their know-how and technological knowledge while limiting costs and risks. If they work with a foreign company, they may also benefit from easier access to an otherwise difficult to access foreign market (such as India or China). Although joint ventures exist in many sectors, they are often used by oil and film companies.
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