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Meaning of joint venture | Babel Free

Noun CEFR B2

Definitions

  1. A cooperative partnership between two individuals or businesses in which profits and risks are shared.
  2. A cooperative partnership between two or more criminals.
  3. Any cooperative partnership or agreement.

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

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