Definitions

from The Century Dictionary and Cyclopedia

  • Of or pertaining to or concerning joint stock, or the holding of stock in shares; having a capital divided into shares.
  • An association for similar objects, but having the express sanction of statute for its organization as a corporation. In both classes of companies the members contribute.

Etymologies

Sorry, no etymologies found.

Examples

  • He sees little future for the newly emerging business organizations called joint-stock companies corporations, since it seems highly improbable that such impersonal bodies could muster the necessary self-interest to pursue complex and arduous undertakings.

    The Worldly Philosophers

  • Lawrence Washington, William Fairfax, and other Virginians began talking as early as 1747 about forming a “company of gentlemen and adventurers,” as joint-stock corporations were called, to speculate in Ohio lands and take the Indian fur trade away from the French and the Pennsylvanians.

    George Washington’s First War

  • Furthermore, the government overhauled regulations to allow the cajas — controlled by employees, depositors and local governments — to become joint-stock companies and list on the stock market.

    Spain Moves to Clean Up Cajas

  • For example, many of the early British North American colonies were founded by joint-stock companies, including the famous Massachusetts Bay Company.

    A Short (Sometimes Profitable) History of Private Equity

  • Then, as Russia's prime minister, he signed a decree turning Gazprom, which holds about one-sixth of the world's gas reserves, into a joint-stock company and ensured its monopoly on production, sale, transport and export of Russia's gas.

    Former Russian Premier Chernomyrdin Dies at 72

  • Aabar said in a statement posted on the Abu Dhabi exchange website that its board will meet Thursday to consider calling an extraordinary meeting of shareholders to discuss the firm's conversion to a private joint-stock company.

    Abu Dhabi's Aabar Considers Delisting

  • China's banks can be classified as state-owned policy banks, state-owned commercial banks, joint-stock commercial banks, and others such as rural credit cooperation associations, city commercial banks and foreign banks.

    China's Stimulus May Be A Curse In Disguise

  • However, Volkswagen is seeking shareholder approval at its annual general meeting on April 22 to issue bonds with warrants or convertible bonds for a maximum of 40 million preferred shares in order to gain an additional financing instrument, which the company predicts will become common for boosting the financial flexibility of major joint-stock listed companies in future.

    Volkswagen to Raise Capital

  • That was the joint-stock enterprise originally chartered by the first Queen Elizabeth.

    Crocodile Tears on Wall Street

  • Created in 1602 as the world's first joint-stock company, the VOC was comprised of six member chambers, known as kamers, which were the legacy of the various smaller commercial organizations folded into the VOC.

    Belongings: Property, Family, and Identity in Colonial South Africa

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