Legal Definitions - coventurer

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.