joint venture A single undertaking between individuals and/or corporations that can be owned through a partnership or a corporate agreement. Related Related Articles: What We Can Learn From the Russian McDonald’s ReplacementThe Reason There Are Fewer Russian McDonald’sWhat If One Quarter of Your Population is Old?The Meat Problem at the UN Climate Talks Ann Mills Share This Previous Articlegross national product (GNP) Next ArticleM2 December 17, 2020