Joint Venture: A type of partial structural integration in which one or more separate organizations combine resources to achieve a stated objective. The participating companies share ownership of the venture and responsibility for its operations, but usually maintain separate ownership and control over their operations outside of the joint venture.

 

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Joint Venture: A type of partial structural integration in which one or more separate organizations combine resources to achieve a stated objective. The participating companies share ownership of the ventu . . . View Full Definition

Joint Tenancy: An estate or unit of interest in real estate that is owned by two or more natural persons with rights of survivorship. The basic idea of a joint tenancy is unity of ownership, title is held . . . View Full Definition

Joint Tenants With Right Of Survivorship: In the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders.

Joint Trench: When the electric company and telephone company dig one trench and 'drop' both of their service lines in.