JV
Type: noun, acronym
Pronunciation: /jay-vee/
Also spelled or known as: Joint Venture
Plural: JVs
Related: Joint Venture
What does JV mean? Joint Venture; A business arrangement in which two or more parties collaborate on a specific project or enterprise while sharing risks, responsibilities, and profits.
JV agreements establish the rights, responsibilities, ownership interests, and financial arrangements between participating parties.
JV synonyms: Joint Venture
Example sentence: “The companies signed a JV to launch the new music platform.”
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