joint stock

American  

noun

1. stock or capital divided into a number of shares.

2. a pool of stock held in common.

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joint stock British  

noun

1. capital funds held in common and usually divided into shares between the owners

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Etymology

Origin of joint stock

First recorded in 1605–15

Example Sentences

Joint stock companies that came before it raised fresh capital for each trading voyage, and split the winnings at the dock.

From Barron's

Lan illegally controlled Saigon Joint Stock Commercial Bank between 2012 and 2022 to allow 2,500 loans that resulted in losses of $27 billion to the bank, reported state media VnExpress.

From Seattle Times

Agricultural Research Service and Vietnam’s National Veterinary Joint Stock Company are at work on one, based on a virus strain that lacks a gene linked to virulence.

From Science Magazine

The Treasury Department’s Office of Foreign Assets Control also imposed sanctions on more than 40 people linked to the Russian financial sector and 17 subsidiaries of VTB Bank Public Joint Stock Company — also known as VTB Bank — Russia’s second largest bank.

From Seattle Times

I myself can’t exactly see what it’s good for, but the same question could have been asked about the joint stock company in the 1720s, when England was trying to recollect itself after the South Sea Bubble.

From Washington Post