 |
 | Home | Contact Us | FAQ | Search & Site Map | Link to Us |
 | Sign In | Join | Other 45 Sites in Network |
| HomeDiscussion GroupsEnglish UsageBritish EnglishESL Teaching Learnglish.com Contact UsLink To UsSearch & Site Map |
Discussion Groups / English Usage / November 2006In one's own venture
"John operates the store in his own venture". In this sentence, does "in one's own venture" mean "at one's own risk, ready to accept any losses" or does it imply that a firm (joint venture) is incorporated to run the store? Fiance <rentgenas11@yahoo.com> had it: > "John operates the store in his own venture". > > In this sentence, does "in one's own venture" mean "at one's own risk, > ready to accept any losses" or does it imply that a firm (joint > venture) is incorporated to run the store? It means that the writer of the sentence is not a native English speaker.  SignatureDavid ===== the Omrud rae: > Fiance <rentgenas11@yahoo.com> had it: > [quoted text clipped - 6 lines] > It means that the writer of the sentence is not a native English > speaker. Strangely enough, I have taken the sentence (and simplified it) from an agreement which seemed very native. But perhaps it is not. Fiance <rentgenas11@yahoo.com> had it: > the Omrud ra?e: > > Fiance <rentgenas11@yahoo.com> had it: [quoted text clipped - 10 lines] > Strangely enough, I have taken the sentence (and simplified it) > from an agreement which seemed very native. But perhaps it is not. It may be an old-fashioned term which is no longer current. I can guess what it means, but I've never encountered it as far as I can remember. I presume it means that John has set up the store and is running it - he is the owner. SignatureDavid ===== > Fiance <rentgenas11@yahoo.com> had it: ... > > > > In this sentence, does "in one's own venture" mean "at one's own risk, > > > > ready to accept any losses" or does it imply that a firm (joint [quoted text clipped - 12 lines] > I presume it means that John has set up the store and is running it - > he is the owner. Dr. Sam: Johnson says: ------------------- VENTURE 1 n.s. [avanture, Fr.] 1. A hazard; an undertaking of chance and danger. When he reads Thy personal venture in the rebel's fight, His wonders and his praises do contend Which should be thine or his. Shakesp. Macbeth. For a man to doubt whether there be any hell, and thereupon to live so as if absolutely there were none; but when he dies to find himself confuted in the flames, this must be the height of woe and disappointment, and a bitter conviction of an irrational venture, and absurd choice. South. I, in this venture, double gains pursue, And laid out all my stock to purchase you. Dryden. When infinite happiness is put in one scale, against infinite misery in the other; if the worst that comes to the pious man, if he mistakes, be the best that the wicked can attain to, if he be in the right, who can, without madness, run the venture? Locke. 2. Chance; hap. The king resolved with all speed to assail the rebels, and yet with that providence and surety, as should leave little to venture or fortune. Bacon. 3. The thing put to hazard; a stake. My ventures are not in one bottom trusted, Nor to one place. Shakesp. Mer. of Venice. On such a full sea are we now a-float: And we must take the current when it serves, Or lose our ventures. Shakesp. Julius Cæsar. Thrice happy you, that look as from the shore, And have no venture in the wreck to see. Daniel. 4. At hazard; without much consideration; without any thing more than the hope of a lucky chance. You have made but an estimate of those lands at a venture, so as it should be hard to build any certainty of charge upon it. Spenser. A bargain at a venture made, Between two partners in a trade. Hudibras. A covetous and an envious man joined in a petition to Jupiter, who ordered Apollo to tell them that their desire should be granted at a venture. L'Estrange. Here was no scampering away at a venture, without fear or wit. L'Estrange. If Ahab be designed for death, though a soldier in the enemy's army draws a bow at a venture, yet the sure, unerring directions of providence shall carry it in a direct course to his heart. South. ------------------------------------------------------------------- Let's not call the Doctor old-fashioned. He is now cutting-edge, online and wired: http://www.fab24.net/jd100203/index_.htm > the Omrud rase: >> Fiance <rentgenas11@yahoo.com> had it: [quoted text clipped - 10 lines] > Strangely enough, I have taken the sentence (and simplified it) > from an agreement which seemed very native. But perhaps it is not. Wiser to quote the original than to attempt to "simplify" when you're obviously not confident with English. SignatureJohn Dean Oxford John Dean rae: > Wiser to quote the original than to attempt to "simplify" when you're > obviously not confident with English. Fair comment. However, the original sentence is very long and most of it is completely unrelated to the question. The exact wording of the relevant part of the sentence is as follows: "Franchisee acknowledges that it shall operate the store in its own venture". > John Dean rase: >> Wiser to quote the original than to attempt to "simplify" when you're [quoted text clipped - 6 lines] > "Franchisee acknowledges that it shall operate the store in its own > venture". It would make some sense in ordinary English if it said "as its own venture". "In its own venture" might possibly mean something in obscure legal jargon, or might be simply an error. -- Regards John for mail: my initials plus a u e at tpg dot com dot au >John Dean rae: >> Wiser to quote the original than to attempt to "simplify" when you're [quoted text clipped - 6 lines] >"Franchisee acknowledges that it shall operate the store in its own >venture". That's some country's variety of legal English (which means it's probably an old usage that's long-since dropped out of everyday parlance). I suspect that it means, roughly, that all the business risks ("the venture") are taken by the franchisee (so if, for example, the franchise makes spectacular losses or profits, the franchisor has neither an obligation to help out nor a right to a share). Even if that's right, though, there will undoubtedly be plenty of case law affecting the precise implications. If I actuallly needed to understand it, I'd consult a solicitor. Cheers - Ian Ian Noble wrote, in <6hshk2l34qkfl7c25pq4tu5pkiei3mu5s5@4ax.com> on Wed, 01 Nov 2006 19:44:31 +0000: > >"Franchisee acknowledges that it shall operate the store in its own > >venture". [quoted text clipped - 10 lines] > affecting the precise implications. If I actuallly needed to > understand it, I'd consult a solicitor. Perhaps the OP is the solicitor! SignatureNick Spalding > Fiance <rentgenas11@yahoo.com> had it: > [quoted text clipped - 6 lines] > It means that the writer of the sentence is not a native English > speaker. I have never come across this expression. >> Fiance <rentgenas11@yahoo.com> had it: >> [quoted text clipped - 7 lines] > > I have never come across this expression. From the context, I would have expected to see "on his own account", which seems to be what the expression means. It's not idiomatic legal English. Regards Jonathan |
Reply to this Message |
 Sign In
 Join
 My Latest Posts My Monitored Threads My Blog My Photo Gallery My Profile My Homepage Start New Thread Enable EMail Alerts Rate this Thread
|
©2012 Advenet LLC Privacy Policy - Terms of Use
This website includes both content owned or controlled by Advenet as well as content owned or controlled by third parties.