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Venture - Law Dictionary Search Results

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partner

debts and obligations is unlimited compare limited partner in this entry lim·it·ed partner : a partner in a venture who has no management authority and whose liability is limited to the amount of his or her investment

joint enterprise

joint enterprise 1 : joint venture 2 : an undertaking of two or more parties for a common purpose in which each shares a

joint adventure

joint adventure : joint venture

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frustration

by circumstances which are not the fault of either party called also frustration of purpose frustration of the venture compare cause, force majeure clause, impossibility, impracticability NOTE: In order for frustration to be used as a successful

combination

corporations united to achieve a common (as economic) end see also combination in restraint of trade compare joint venture, merger b : conspiracy 2 : a union of old or new elements or parts that is patentable

Syndicate

Syndicate. A body of persons taking part jointly in some venture or undertaking; commercially, a body of persons associated temporarily for the purpose of buying a private business or

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