venture
n. countable C1 Advanced Oxford US //ˈvɛntʃɝ// UK //vˈɛntʃɐ// ven·ture
n. a new business or activity that involves some risk because you are not sure if it will succeed.
n. a business enterprise or undertaking involving chance, risk, or danger. Often used in financial contexts to describe a speculative investment or a new commercial project.
Their latest business venture is a small coffee shop downtown.
The two tech companies decided to launch a joint venture to develop new battery technology for electric vehicles.
While the initial capital requirements were high, the potential returns on the deep-sea mining venture justified the significant risk for the private equity firm.
Clipping of adventure.
Usage
Commonly appears in the phrase 'joint venture' to describe a partnership between two separate entities.