JV is an abbreviation that stands for 'Joint Venture.' It is used in business and financial contexts to describe a business partnership where two or more parties come together to undertake a specific project or business venture. In a joint venture, each party contributes resources, expertise, and capital to the partnership and shares in the risks and rewards of the venture.
JV is a widely recognized and commonly used abbreviation in business and financial contexts. It is often used in formal documents, contracts, and agreements related to joint ventures.