Joint venture

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Revision as of 10:33, 9 February 2015 by imported>Doug Williamson
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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.

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Template:Joint control

See also