noun
A business undertaking by two or more parties, often used in corporate and legal contexts. Synonymous with 共同事業.
See also: 共同事業
両社は新しい共同企業を設立した。
The two companies established a new joint venture.
Almost synonymous; 共同事業 is slightly broader and can refer to any joint project, while 共同企業 often implies a formal corporate entity.
Compound of 共同 (joint, cooperative) and 企業 (enterprise, business).