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.
Razz is a game that most people seem to love to hate, and I've never understood why. Granted, most poker players are used to going after the best cards, so a game that plays like Seven Card Stud, with an objective of getting the worst hand possible, might seem, well, stupid.