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
transferableownership interests and limited shareholderliability.
- noun business, law, US A company with
transferableownership interests and unlimitedshareholder 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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