Joint venture: Difference between revisions
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A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. | A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. | ||
== See also == | == See also == | ||
* [[Associate]] | * [[Associate]] | ||
Revision as of 10:34, 9 February 2015
1.
(JV).
A contractual arrangement where two or more parties undertake an economic activity which is subject to joint control.
2.
Financial reporting.
A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.
