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LSDefine
Simple English definitions for legal terms
coventurer
Read a random definition: Institute of Museum and Library Services
A quick definition of coventurer:
A coventurer is someone who works with one or more people on a project or business venture. It's like a team effort where everyone works together to achieve a common goal.
A more thorough explanation:
Definition: A coventurer is a person who joins with one or more people to undertake a joint venture.
Example: John and Jane decided to start a business together. They became coventurers and shared the profits and losses of the business.
Explanation: In this example, John and Jane are coventurers because they have entered into a joint venture to start a business together. As coventurers, they share the risks and rewards of the business equally.