joint stock
Americannoun
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stock or capital divided into a number of shares.
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a pool of stock held in common.
noun
Etymology
Origin of joint stock
First recorded in 1605–15
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
At the center of shadow banking are the 12 nationally licensed joint stock banks and many of the more than 100 city commercial lenders which hold about a third of China’s commercial banking assets.
From Reuters ● Dec. 28, 2017
In the early 1600s, wealthy English merchants and the landed elite began to pool their resources to form joint stock companies.
From Textbooks ● Dec. 30, 2014
He warned that a new innovation, the joint stock company, skewed incentives because those who run a company aren’t the ones who own it.
From New York Times ● May 29, 2013
The city with the most joint stock companies per head of population, a measure of enterprise, was not London, but Cardiff, followed by Bradford and then London.
From The Guardian ● Jul. 12, 2012
When the Agricultural Revolution opened opportunities for the creation of crowded cities and mighty empires, people invented stories about great gods, motherlands and joint stock companies to provide the needed social links.
From "Sapiens: A Brief History of Humankind" by Yuval Noah Harari
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
