🇯🇵Japanese Source WordCode: JA

合弁事業

Pronunciation / Transliteration: gōben jigyō

🇬🇧 Direct English Meaning:
Joint Venture/ˈdʒɔɪnt ˈvɛn.tʃɚ/
nounCEFR C1 (Advanced)Top #3400 frequency
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🇯🇵 Example Sentence in Japanese:

"両社は新技術の開発のために合弁事業を立ち上げた。"

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

Derived from Middle English and Anglo-French terms. 'Joint' originates from the Latin 'junctus' (joined), while 'venture' comes from Middle English 'venture', a syncopated form of 'aventure' meaning chance, risk, or enterprise. Together in modern economic history, it evolved to describe a collaborative commercial enterprise undertaken by two or more parties.

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