/ˈdʒɔɪnt ˈvɛntʃər əˈɡrimənt/ – Phrase
Definition: Hợp đồng giữa hai hoặc nhiều bên để cùng thực hiện một dự án kinh doanh chung.
A more thorough explanation: an arrangement between two or more companies or individuals to work together on a particular business project, usually in order to share any risk involved
Example: The merged entity and the purchaser will enter into a joint venture agreement for producing chlorine.