What does joint-stock company mean?

Definitions for joint-stock company
join·t-stock com·pa·ny

This dictionary definitions page includes all the possible meanings, example usage and translations of the word joint-stock company.

Princeton's WordNet

  1. joint-stock companynoun

    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

  1. joint-stock companynoun

    A company with transferable ownership interests and limited shareholder liability.

  2. joint-stock companynoun

    A company with transferable ownership interests and unlimited shareholder liability.

Wikipedia

  1. Joint-stock company

    A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and other countries that have adopted its model of company law, they are known as unlimited companies. In the United States, they are known simply as joint-stock companies.

ChatGPT

  1. joint-stock company

    A joint-stock company is a type of business entity where the capital is divided into shares owned by shareholders. This structure allows individuals to own part of the company through owning shares of stock, thus spreading the risk associated with the business among many individuals. The people who own shares in the company may claim part of its profits in the form of dividends, and they may also participate in managerial decisions through voting rights as defined by the company's constitution or charter.

Wikidata

  1. Joint-stock company

    A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company's shares. This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern corporate law, the existence of a joint-stock company is often synonymous with incorporation and limited liability. And as a consequence joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and other countries which have adopted their model of company law, these are known as unlimited companies. In the United States, they are known simply as joint-stock companies.

Etymology and Origins

  1. Joint-Stock Company

    So called because the stock is vested jointly in many persons.

Matched Categories

How to pronounce joint-stock company?

How to say joint-stock company in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of joint-stock company in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of joint-stock company in Pythagorean Numerology is: 7

Examples of joint-stock company in a Sentence

  1. Mark Twain:

    There is no such thing as the Queen's English. The property has gone into the hands of a joint stock company and we own the bulk of the shares


Translations for joint-stock company

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"joint-stock company." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/joint-stock+company>.

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