Definitions
There is 1 meaning of the phrase
Joint-Stock Company.
Joint-Stock Company - as a noun
A company (usually unincorporated) which has the capital of its members pooled in a common fund; transferable shares represent ownership interest; shareholders are legally liable for all debts of the company
Example Sentences
"A joint-stock company is a business organization whose capital is divided into shares and owned by shareholders."
"One famous example of a joint-stock company is the East India Company, which played a key role in British colonialism."
"In a joint-stock company, the liability of shareholders is limited to the amount of their investment."
"Shares of a joint-stock company can be bought and sold on the stock market."
"The formation of a joint-stock company requires the issuance of shares to investors."
