JV
Business & Finance abbreviation · Management & Strategy
| Stands for | Joint venture |
|---|---|
| Categories | Business & Finance |
JV stands for Joint venture, a management & strategy abbreviation.
Business arrangement in which two or more parties pool resources for a specific project or ongoing business while remaining otherwise independent, sharing control, profits and risks. A JV may be a separate company jointly owned by the partners or simply a contractual collaboration.
Example: The two carmakers formed a 50-50 JV to build battery cells at a new plant in Tennessee.
Usage notes
Joint ventures are a common route into foreign markets where local partners bring licenses or relationships; China historically required them for foreign investors in many sectors. Under both IFRS and US GAAP, an investor usually accounts for its share of a joint venture using the equity method. Partners typically sign a JV agreement covering governance, funding and exit terms.
Related abbreviations
More management & strategy abbreviations
- ESG – Environmental, social and governance
- FMEA – Failure mode and effects analysis
- GRC – Governance, risk and compliance
- GTM – Go-to-market
- HiPPO – Highest paid person's opinion
- ITT – Invitation to tender
- KPI – Key performance indicator
- KRA – Key result area
- KRI – Key risk indicator
- KT – Knowledge transfer
- LOB – Line of business
- MBO – Management by objectives