Definitions for joint-stock company
Random House Webster's College Dictionary
joint′-stock′ com`pany(n.)
an association of individuals in a business enterprise with transferable shares of stock, in which stockholders are liable for the debts of the business.
Category: Business
Origin of joint-stock company:
1800–10
Princeton's WordNet
joint-stock company(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
Wiktionary
joint-stock company(Noun)
A company with transferable ownership interests and limited shareholder liability.
joint-stock company(Noun)
A company with transferable ownership interests and unlimited shareholder liability.
Citation
Use the citation below to add this definition to your bibliography:
"joint-stock company." Definitions.net. STANDS4 LLC, 2013. Web. 20 Jun 2013. <http://www.definitions.net/definition/joint-stock company>.