new venture
/nuː ˈvɛntʃər/ · new.ven.ture
noun
- A new business or project undertaken by an individual or organization. The company's new venture into renewable energy has been a huge success.
- A new undertaking or endeavor, often involving risk or uncertainty. Starting a new business is a new venture that requires careful planning and execution.
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Did you know? The term 'venture' has been used in English since the 14th century, originally referring to a risk or a gamble. Over time, it evolved to encompass the idea of a new business or project.