Definition
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jv
A jv is a business arrangement in which two or more parties agree to pool their resources for a specific task, typically in the form of a project.
A jv is a business arrangement in which two or more parties agree to pool their resources for a specific task, typically in the form of a project.
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The two companies formed a jv to develop new technology.
Las dos empresas formaron una jv para desarrollar nueva tecnología.
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Our jv with the foreign firm has opened new markets for us.
Nuestra jv con la empresa extranjera ha abierto nuevos mercados para nosotros.
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They are considering a jv to share the costs of the new venture.
Están considerando una jv para compartir los costos de la nueva empresa.