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
Source: WordNetjoint stock company
As a joint-stock company, it had the right to raise funds through the issue of promissory notes or bonds. Source: Internet
The Dutch East India Company (founded in the year of 1602) was the first joint-stock company to get a fixed capital stock and as a result, continuous trade in company stock occurred on the Amsterdam Exchange. Source: Internet
Wittkowsky, Swift’s Modest Proposal, p85 A memorable example of these sorts of schemes "involved the idea of running the poor through a joint-stock company ". Source: Internet