Examlex
The duration of a bond is a function of the bond's
Joint Venture
A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business operation.
Foreign Subsidiary
A company that is owned or controlled by another company, known as the parent company, but operates in a country different from where the parent company is established.
Franchising
The payment of a fee to a foreign business for rights to locally operate using its name, branding, and methods.
Strategic Alliance
A collaborative effort among two or more corporations to achieve specific targets, while continuing to operate as independent entities.
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