joint-stock company

Noun

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

Source: WordNet

Alternative names

joint stock company

Synonyms

corporation house company business concern firm combine pool enterprise cartel conglomerate consortium holding company chamber of commerce limited company
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Antonyms

separate disorder divide terrorism dissolve disperse
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Hypernyms

company

Examples

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

Close letter words and terms

joint-fir joint-legged invertebrate joint-stock bank joint-stool joint-tight jointage