Glossary of terms - J
Terms in this glossary are provided for general information only and should not be taken as constituting professional advice from the website owner – the Australian Securities and Investments Commission (ASIC).
The words in brackets do not form part of the term. Where business names appears in brackets alongside a term, this denotes the definition is only to be used in reference to the Business Name Register. These terms do not apply to any other ASIC services.
Joint venture
A contractual arrangement under which two or more entities carry on an activity for a single purpose. It might be implemented by various business structures: a trust, a joint venture company or joint venture partnership. For the purposes of the Business Names Register, a joint venture partnership is two or more entities that apply for a business name, each with their own Australian Business Number (ABN).