co-venture

[ koh-ven-cher ]

noun

1. a business project or enterprise undertaken jointly by two or more companies, each sharing in the capitalization and in any profits or losses.

Example Sentences

Airbus currently serves that market through its 50-70-seat ATR turboprop co-venture with Italy’s Leonardo.

From Reuters

Gianopulos told investors and analysts in 2018 following the deal that Paramount would use the co-venture “when and where it makes sense.”

From The Verge

The dinners are a co-venture among state parks, the West Virginia Department of Agriculture, West Virginia Farmer’s Market Association and the West Virginia Department of Natural Resources as a way to promote locally grown food and produce.

From Washington Times

The dinners are a co-venture among state parks, the West Virginia Department of Agriculture, West Virginia Farmer’s Market Association and the West Virginia Department of Natural Resources as a way to promote locally grown food and produce.

From Seattle Times

But it seems that ExxonMobil’s stalled co-venture to drill in the Arctic Ocean and Black Sea may remain that way.

From Washington Post