| / English Dictionary |
JOINT-STOCK COMPANY
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
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
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("joint-stock company" is a kind of...):
company (an institution created to conduct business)
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