Glossary entry (derived from question below)
English term or phrase:
joint venture
Chinese translation:
合资企业
English term
joint venture
As there are good business and accounting reasons to create a joint venture (JV) with a company that has complementary capabilities and resources, such as distribution channels, technology, or finance, joint ventures are becoming an increasingly common way for companies to form strategic alliances. (e-COACH)
IAS 31 requires that the venturer should recognise in its financial statements the assets that it controls, the liabilities that it incurs, the expenses that it incurs, and its share of the income from the sale of goods or services by the joint venture. (IAS PLUS)
After year three, Morgan Stanley and Citi will have various purchase and sale rights for the joint venture, but Citi will continue to own a significant stake in the joint venture at least through year five. (Morgan Stanley)
5 +6 | 合资企业 | Thinkcell Wang |
Jun 29, 2010 21:04: changed "Kudoz queue" from "In queue" to "Public"
Jun 29, 2010 21:54: changed "Stage" from "Preparation" to "Submission"
Jul 2, 2010 21:54: changed "Stage" from "Submission" to "Completion"
Proposed translations
合资企业
A joint venture may in its business operation obtain fund from foreign bank directly. 合资企业在其经营活动中,可以直接向外国银行筹措资金。 (Internet)
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