joint venture

joint venture

joint venture. A business undertaking by two or more persons engaged in a single defined project. • The necessary elements are: (1) an express or implied agreement; (2) a common purpose that the group intends to carry out; (3) shared profits and losses; and (4) each member’s equal voice in controlling the project. — Also […]

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joint venture

joint venture 合营;联合经营 指由两人或两人以上为某一独立的、确定的项目而从事商业活动。亦即,两人以上通过明示或默示的合同而组成的联合,意图实施某一特定的商业投资而共同获利,并为此而将其实物、金钱、技能、知识等进行组合。该联合体的成员互为本人与代理人,并对商业活动享有平等的控制权。它既不是合伙,也不是公司。一般而言,它的构成要件如下:1存有明示或默示的协议;2成员之间存在意图实施的共同目标;3共享利益、共担风险;4每一成员对于该项目的控制权相等。亦作「joint adventure」或「joint enterprise」。

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joint venture

A business undertaking by two or more persons engaged in a single defined project. • The necessary elements are: (1) an express or implied agreement; (2) a common purpose that the group intends to carry out; (3) shared profits and losses; and (4) each member’s equal voice in controlling the project. — Also termed joint

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