Joint Venture
Fleeting- External reference: https://www.investopedia.com/terms/j/jointventure.asp
two or more businesses decide to combine their resources in order to fulfill an enumerated goal
can take advantage of the combined resources of both companies to achieve the goal of the venture
joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task
This task can be a new project or any other business activity