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Definition of Joint-stock company
1. 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.
Definition of Joint-stock company
1. Noun. (business legal UK) A company with transferable ownership interests and limited shareholder liability. ¹
2. Noun. (business legal US) A company with transferable ownership interests and unlimited shareholder liability. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Joint-stock Company
Literary usage of Joint-stock company
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Encyclopedia Americana: A Library of Universal Knowledge (1919)
"The usual definition in law of this term is that a joint stock company is an ...
The members of a joint stock company, contrary legislation absent, ..."
2. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1903)
"CLARK, CJ The Clinton Loan Association was a joint-stock company doing a banking
business from 1871 to 1891. It became Incorporated by the same name 14th ..."
3. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1914)
"... yet such earnings are commonly dealt with computed upon the remainder of said
net income of such corporation, joint stock company or association, ..."
4. Annual Report of the Commissioner of Labor by United States Bureau of Labor (1911)
"A joint stock company or association to which a risk is transferred, ...
The surplus, if any, shall be returned to the said joint stock company or ..."
5. The Law and Practice of Joint-stock and Other Public Companies: Including by Henry Thring Thring, Gerald Augustus Robert Fitzgerald (1875)
"... of limited com- panics will depend on the following considerations : — A
company limited by shares is the same as an ordinary joint stock company, ..."
6. The History of British India by James Mill, Horace Hayman Wilson (1858)
"From the Change of the Company into a Joint-Stock Company, in 1612, till the
Formation of the third Joint-Stock in 1631-2. HITHERTO the voyages of the East ..."
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