Business Venture
/ˈbɪznɪs ˈvɛnʧər/
Definitions
- (n.) An enterprise undertaken for commercial profit, often involving investment, risk, and joint involvement of parties.
The partners launched a business venture to develop renewable energy solutions.
Forms
- business ventures
Related terms
See also
Commentary
In legal contexts, a business venture often implies a formal or informal agreement among parties, requiring clear definitions of roles, contributions, and risk allocation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.