open joint stock company

Definition

OJSC. A joint stock company that has publicly-traded shares which can be traded without the permission of other shareholders and is not subject to other limitations. An open joint stock company can have an unlimited number of shareholders.

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You should try and find a way to get involved in an open joint stock company if you think it could be a good earner.

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The open joint stock company was able to publicly trade shares of stocks as deemed optimal by the incorporated company.

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The company decided to become an open joint stock company, so their public shares could be traded without limitations by an infinite number of shareholders at will.

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