Investments in Joint Ventures. Definition. IFRS: A joint venture is defined as a contractual agreement whereby two or more parties undertake an economic activity that is subject to joint control. Joint control is the contractually agreed sharing of control of an economic activity.Unanimous consent of the parties sharing control is required.efinition. IFRS: A joint venture is defined as a contractual agreement whereby two or more parties undertake an economic activity that is subject to joint control. Joint control is the contractually agreed sharing of control of an economic activity. Unanimous consent of the parties sharing control is required.
Poker Glossary. A straddle is a blind bet made by the person under the gun. A straddle bet is equivalent to two big blinds. The person who posts the straddle gets to bet last in the preflop round. A straddle is very ill-advised in a limit game because you are unnecessarily posting a large blind bet out of position. Straddles are more common for games such as pot limit Omaha, where the straddle acts to increase the stakes of the game.
The straddle must be a raise over the big blind. A straddle is a live bet; the player placing the straddle effectively becomes the bigger blind. Action begins with the player to the left of the straddle. If action returns to the straddle without a raise, the straddle has the option to raise. The player to the left of a live straddle may re-straddle by placing a blind bet raising the original straddle.