joint venture

(noun)

A cooperative partnership between two individuals or businesses in which both profits and risks are shared

Related Terms

Examples of joint venture in the following topics:

  • China

    • Since China and the United States resumed trade relations in 1972 and 1973, U.S. companies have entered into numerous agreements with Chinese counterparts that have established more than 20,000 equity joint ventures, contractual joint ventures, and wholly foreign-owned enterprises.

  • The 26th Amendment

    • Joint Resolution Proposing the Twenty-sixth Amendment to the United States Constitution.

  • Constitutional Issues and Compromises

    • Congress would meet in a joint session to elect a President, and it would also appoint members of the cabinet.
    • Congress, in joint session, would serve as the court of appeal of last resort in disputes between states.
    • Congress would meet in a joint session to elect a President, and would also appoint members of the cabinet.
    • Congress, in joint session, would serve as the court of appeal of last resort in disputes between states.

  • The 21st Amendment

    • Joint Resolution Proposing the Twenty-first Amendment to the United States Constitution.

  • The 23rd Amendment

    • Joint Resolution Proposing the Twenty-third Amendment to the United States Constitution.

  • The 24th Amendment

    • Joint Resolution Proposing the Twenty-fourth Amendment to the United States Constitution.

  • How a Bill Becomes Law

    • There are three main types of committees—standing, select or special, and joint.
    • Four joint committees operate with members from both houses on matters of mutual jurisdiction and oversight.

  • Regulation and Antitrust Policy

    • Mergers and joint agreements of professional football, hockey, baseball, and basketball leagues are exempt.
    • Newspapers run by joint operating agreements are also allowed limited antitrust immunity under the Newspaper Preservation Act of 1970.

  • The Legislative Function

    • A joint resolution, which differs little from a bill since both are treated similarly.
    • However, a joint resolution originates from the House.

  • Formal Methods of Amending the Constitution

    • House of Representatives instead directly proceed to the adoption of a joint resolution; thus, they mutually propose the amendment with the implication that both bodies "deem" the amendment to be "necessary. " All amendments presented so far have been proposed and implemented as codicils, appended to the main body of the Constitution .
    • As previously stated, the Constitution requires that at least two-thirds of the members present of both the House of Representatives and the Senate the agree to a joint resolution which proposes a constitutional amendment.