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Sun Nov 06, 2005 23:18 pm Joint venture vs. partnership |
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This really depends on a number of factors. A joint venture is a collaboration between two or more companies whereas a partnership can be a company or an association. _________________ Test Of English for International Communication TOEIC Preparation & TOEIC Vocabulary |
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Torsten Site Admin

Joined: 25 Sep 2003 Posts: 6027 Location: EU
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Mon Nov 07, 2005 17:28 pm Hello |
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sorry but could you explain more specific? what are differences between partnership and joint venture |
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hongrose1986 I'm new here and I like it ;-)
Joined: 25 Oct 2005 Posts: 10
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Wed Nov 09, 2005 15:36 pm Joint venture vs. partnership |
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There is a commonly used abbreviation for joint venture which is JV. Basically, it's a strategic alliance between two or more companies which create a new commercial entity. They do so by contributing business resources. The companies involved in a joint venture share the revenues, the expenses as well as the control of their new enterprise.
A partnership is one business entity. This means, two or more individuals agree to form a company and each of the partners gets an equal share of the profits and losses of their business. So, the basic difference between a joint venture and a partnership is that a joint venture is made up by two or more established companies whereas a partnership is formed by two or more individuals. _________________ TOEIC prep courses for companies |
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toeic I'm new here and I like it ;-)
Joined: 15 Oct 2005 Posts: 48 Location: France
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Thu Feb 28, 2008 12:12 pm joint ventures |
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| Previously I used to have confusion regarding joint venture and partnership.Now your explanation removed that. |
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altavistea New Member
Joined: 28 Feb 2008 Posts: 1
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Thu Feb 28, 2008 13:43 pm TOEIC question: differences between partnership and joint venture |
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Hi AltaVista,
Welcome to english-test.net! It's great to hear you now understand the difference between a partnership and a joint venture. Please tell us more about yourself. Where are you from and what do you do?
Regards, Torsten _________________ Test Of English for International Communication TOEIC Preparation & TOEIC Vocabulary |
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Torsten Site Admin

Joined: 25 Sep 2003 Posts: 6027 Location: EU
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Wed Jul 02, 2008 19:53 pm TOEIC question: differences between partnership and joint venture |
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| I’m very confused about the definition of the words “end” and “finish” could you please explain a little more? |
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ivan gonzalez New Member
Joined: 27 Jun 2008 Posts: 5
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