- Collaboration between two or more companies designed to achieve some corporate objective. May include international licensing agreements, management contracts , or joint ventures . Bloomberg Financial Dictionary
* * *strategic alliance strategic alliance ➔ alliance
* * *strategic alliance UK US noun [C] MANAGEMENT► a formal arrangement between organizations or countries to work together to achieve something: »
The two rival companies have formed a strategic alliance that is expected to extend across Europe.
Financial and business terms. 2012.
Look at other dictionaries:
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