JOINT VENTURE Definition

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JOINT VENTURE is a venture by a partnership or conglomerate designed to share risk or expertise. See also VENTURE.

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BLACK HOLE EXPENDITURE is a capital R&D expenditure that does not give rise to a depreciable asset and is not otherwise deductible.

PUBLIC DEBT OFFICE, in the U.S., is a part of the Department of Treasury and is responsible for the issuance, control, and payment of government issued securities in compliance to existing regulations.

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