Joint Stock Company


A company which has some features of a corporation and some features of a partnership. The company sells fully transferable stock, but all shareholders have unlimited liability.

Use Joint Stock Company in a sentence

You should try and find a good joint stock company to invest in if you think they can make you more profit.

​ Was this Helpful? YES  NO 3 people found this helpful.

A joint stock company seemed to be the safest investment for most small buyers because the stock was transferable, but limited the holders liability if the company went bankrupt.

​ Was this Helpful? YES  NO 4 people found this helpful.

The joint stock company operated effectively with regards to taxes as it could determine the best way to pay the least amount of taxes and take advantage of some flexibility.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
open joint stock company charter capital