joint-stock company love

joint-stock company


from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A business whose capital is held in transferable shares of stock by its joint owners.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun business, law, UK A company with transferable ownership interests and limited shareholder liability.
  • noun business, law, US A company with transferable ownership interests and unlimited shareholder liability.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • 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


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