joint venture

For term searches and specialty glossaries, please try the new GBK glossaries

21:56 Jun 29, 2010

English to Norwegian translations [PRO]
Bus/Financial - Finance (general)
Additional field(s): Business/Commerce (general)

English term or phrase: joint venture

Definition from Wiktionary:
A cooperative partnership between two individuals or businesses in which profits and risks are shared.

Example sentence(s):

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

Glossary-building KudoZ

This question was created by:

Alejandro Cavalitto

Argentina

This question will remain open until an answer receives the required level of agreement from peers. Submission is still possible.

Summary of translations provided

fellesforetak

Anita Lagerwall

felleskontrollert virksomhet

brigidm

samarbeidsavtale

David Siebert

samarbeidsprosjekt

Vedis Bjørndal

Discussion entries: 5

Svein Hartwig Djaerff

United Kingdom

Prevailing, practical use should be deciding

08:55 Aug 29, 2010

We have many different ways of saying this with similar meaning in alternative ways, e.g. "fellesprosjekt", "samarbeidsprosjekt", "prosjektsamarbeid", "prosjektbasert samarbeid" and others. My cardinal point is, however, that "joint venture" has a precise, defined, established meaning in Norwegian (and other languages), but the various other, translated expressions do not have this equivalent, defined meaning, but could mean many other ways of cooperating. There are also several definitions of "joint venture" in English, but the core items are: 1. a contractual agreement joining together two or more parties 2. for the purpose of executing a particular business undertaking/project, 3.the parties agree to share profits and losses and 4. the risks involved. As far as I can see, there are approx 19,000 google hits for "joint venture", far outbalancing the translated expressions.

brigidm

Norway

Agree with Vedis - with Svein to some extent.

08:23 Aug 29, 2010

My answer, for example, is the term used in Norwegian accounting standards. "Definisjon av felles kontrollert virksomhet
IAS/IFRS definerer ”joint venture”, og identifiserer 3 hovedformer av felles kontrollert virksomhet. Regnskapsloven definerer felles kontrollert virksomhet, men gir ingen ytterligere inndeling i former for felles kontrollert virksomhet."
http://www.regjeringen.no/nb/dep/fin/dok/nouer/2003/nou-2003... .
So in the three example sentences given above I would use "joint venture" for sentences 1 and 3 and "felleskontrollert virksomhet" in sentence 2.

Svein Hartwig Djaerff

United Kingdom

joint venture

06:35 Aug 29, 2010

In Norwegian business life, joint venture is used untranslated, and every biz actor will understand the meaning of this. A translation of this term into a term, which is constructed and not in practical use, is no idea whatsoever!

Vedis Bjørndal

Norway

It is difficult to agree to only one

08:46 Jul 30, 2010

of the suggested alternatives, because they are all possible translations for "joint venture" in Norwegian. In my opinion, the choice of any of them will depend on the context or type of text.

Eliza Wright

United States

joint venture

14:59 Jul 7, 2010

People often just use the term "joint venture" in English since fellesforetak is not commonly used in business in Norway.

Translations offered

23 hrs confidence:

fellesforetak

Definition from Wikipedia:
Fellesforetak (også joint venture) er en juridisk inngått økonomisk samarbeidsavtale som drives i fellesskap av to eller flere parter.

Example sentence(s):

Konkurransetilsynet har lagt til grunn at opprettelsen av fellesforetaket medfører at det foreligger en foretakssammenslutning etter konkurranseloven. - Konkurransetilsynet
De to partene har blitt enige om å velge ut noen av prosjektene i avtalen og starte opp et fellesforetak nå. - Elektronikknett
ABB, som er verdensledende innen kraft- og automasjonsteknologi, har vedtatt å erverve alle interesser i det finske fellesforetaket Ensto Busch-Jaeger Oy, fra Ensto Oy. - ABBs hjemmeside

Explanation:
Begrepene "fellesforetagende", "samforetak" og "fellesforetak" er bl.a. å finne i Økonomisk engelsk-norsk ordbok på ordnett.no.
Søk på internett viser at formen "fellesforetak" er den vanligst forekommende og alminnelig brukte oversettelsen.

Anita Lagerwall
Local time: 16:56
Native speaker of:

Norwegian
PRO pts in category: 4

3 days 12 hrs confidence:

felleskontrollert virksomhet

Definition from Regnskapsloven:
Dersom to eller flere deltakere ved avtale i fellesskap kontrollerer en virksomhet (felleskontrollert virksomhet), skal deltakelse i virksomheten regnskapsføres etter generelle vurderingsregler, bruttometoden eller egenkapitalmetoden i selskapsregnskapet. Deltakelse i felleskontrollert virksomhet skal regnskapsføres etter bruttometoden eller egenkapitalmetoden i konsernregnskapet. Midlertidig deltakelse i felleskontrollert virksomhet kan likevel ikke regnskapsføres etter egenkapitalmetoden eller bruttometoden.

Example sentence(s):

Denne standarden omfatter ikke finansielle instrumenter som eksplisitt dekkes av andre standarder. Dette gjelder for eksempel aksjer og andeler i datterselskaper, tilknyttede selskaper og felleskontrollerte virksomheter - Norsk Regnskapsstandard

brigidm
Norway
Local time: 16:56
Native speaker of: English
PRO pts in category: 21

12 days confidence:

samarbeidsavtale

Definition from City of Trondheim website:
For å bidra til å oppfylle dette, inngikk partene 01.01.07 en samarbeidsavtale som bl.a. tar for seg samarbeidsområdene

Example sentence(s):

Fredag 25. juni inngikk Husbanken og Bufdir en samarbeidsavtale på overordnet nivå. - Bufetat website
Samarbeidsavtalen som nå er undertegnet er en videreføring av den forrige intensjonsavtalen, og inneholder mange av de samme områdene og intensjonene - www.ks.no

David Siebert
Local time: 15:56
Native speaker of: English

14 days confidence:

samarbeidsprosjekt

Definition from Einar Hansen, NHH, Bergen:
Samarbeid om en fellessatsing under egne navn.
Basert på en avtale. f.eks. om et prosjekt
Kan være langsiktig.
"Løsere" enn oppkjøp/sammensmelting (merger).

Example sentence(s):

Det amerikanske "prime rate" er et uttrykk for bankenes basisrente for utlån, mens "joint venture" er et fellesforetagende eller samarbeidsprosjekt som gjerne går på tvers av nasjonale grenser. - Språkrådet
joint ventures, bruk samarbeidsprosjekter - Legeforeningens ordliste 5.7.07
Samarbeidsprosjekter (Joint venture.) - Siv.ing. Rakner AS

Explanation:
Det finnes mange alternative oversettelsesløsninger for joint venture. I Einar Hansens "Bedre engelsk forretningsspråk", Cappelen Akademisk Forlag har han oversettelsen: partnerprosjekt.
Den engelske benevnelsen brukes ofte på norsk, men da gjerne påhengt samarbeidsprosjekt eller annen norsk forklaring.

Vedis Bjørndal
Norway
Local time: 16:56
Native speaker of: Norwegian

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:

ProZ.com term search

Search millions of term translations

joint venture

Translations offered

KudoZ™ translation help

Your current localization setting

Select a language

joint venture

Translations offered

KudoZ™ translation help

You have native languages that can be verified

Your current localization setting

Select a language