##  [Joint Venture](/index.php/joint-venture) 

  ##  [Joint Venture](https://social.quantumdictionary.io/joint-venture-0) 

  

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**Social Sciences Dictionary**

 







 

 

 

 



 

 

 

 

Definition

A contractual arrangement in which two or more parties create a separate legal entity or formally structured collaboration to undertake a specific project or commercial activity, sharing ownership, governance, risks and returns for that defined purpose and usually for a limited duration or scope.