joint-stock company
an association of individuals in a business enterprise with transferable shares of stock, much like a corporation except that stockholders are liable for the debts of the business.
British. an incorporated business with transferable shares and with shareholders having either limited or unlimited liability for debts of the business.
Origin of joint-stock company
1Words Nearby joint-stock company
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use joint-stock company in a sentence
An Act was passed which gave to a joint stock company an absolute monopoly of lustrings for a term of fourteen years.
The History of England from the Accession of James II. | Thomas Babington MacaulayOne of his friends happened to be engaged in large financial transactions in connection with an important joint-stock company.
The Nabob | Alphonse DaudetBoth are leagued against you like Robert Macaire and Bertrand against the subscribers to their joint stock company.
The Petty Troubles of Married Life, Complete | Honore de BalzacThe frauds and fooleries of the joint stock company mania are, perhaps, among the least successful portion of the volume.
The origin of the joint stock company was probably primitive.
The Three Charters of the Virginia Company of London | Virginia 350th Anniversary Celebration Corporation
British Dictionary definitions for joint-stock company
British a business enterprise characterized by its separate legal existence and the sharing of ownership between shareholders, whose liability is limited
US a business enterprise whose owners are issued shares of transferable stock but do not enjoy limited liability
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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