🇨🇳Chinese Source WordCode: ZH

合资企业

Pronunciation / Transliteration: hézī qǐyè

🇬🇧 Direct English Meaning:
Joint venture/ˈdʒɔɪnt ˈvɛntʃər/
nounCEFR B2 (Upper)Top #4500 frequency
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🇨🇳 Example Sentence in Chinese:

"这两家公司成立了一家合资企业。"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities.

    "The two automobile giants formed a joint venture to develop electric vehicle technology."
  2. 2

    A specific project or business agreement involving shared risk, control, and financial returns.

    "They entered into a joint venture to explore new markets in Southeast Asia."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term combines the adjective joint (from Old French joint, past participle of joindre, meaning to join) and venture (an aphetic form of adventure, derived from Latin adventura, meaning 'about to happen'). It emerged in commercial and legal English during the 20th century to describe formal collaborative business arrangements where two or more parties pool resources for a specific enterprise.

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