Joint-source refers to something that originates from, or is provided by, two or more independent entities acting collaboratively. This can encompass various areas, from finances and data, to creative projects and legal responsibilities. The core characteristic is shared responsibility and contribution, where the origin or provision isn't solely attributable to a single source. A joint-source arrangement often implies some form of agreement, partnership, or collaboration, dictating the terms of contribution and benefit. It is crucial to note that while the entities remain separate in some ways, their actions coalesce to create the shared product or service.
Joint-source meaning with examples
- The research team published a scientific paper with joint-source funding, meaning that funding was provided equally by two universities, each contributing resources. This allowed for a wider scope of the project, and more expertise.
- This project required joint-source collaboration. With one company providing the tech know-how and the other having marketing experience, the combined strengths ensured the project was a success.
- We offer a joint-source data feed that combines real-time information from multiple financial institutions. This provides users with a broader and more accurate market overview.
- Under the new agreement, a joint-source guarantee on the loan meant that both companies shared equal responsibility for repayment, creating lower risk for the bank.
- The development company is creating a joint-source music track with contributions from both renowned instrumentalists and vocal artists to combine musical talent for a groundbreaking collaboration.