joint stock

noun

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

2. a pool of stock held in common.

joint stock

noun

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

Word History and Origins

Origin of joint stock¹

First recorded in 1605–15

Example Sentences

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.

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She is accused of illegally controlling the Saigon Joint Stock Commercial Bank between 2012 to 2022 and using it to embezzle $12.5 billion, the document adds.

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Kahn worked with a Russian semiconductor company called Joint Stock Company Research and Development Center Elvees, which was sanctioned by the U.S. government in February 2022 after Russia’s invasion of Ukraine.

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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.

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The Commerce Department added Public Joint Stock Company Megafon, Russia's second-largest mobile phone operator, to its entity list for allegedly "acquiring and attempting to acquire" U.S. technology to support Russia's military.

Read more on Reuters