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joint-stock company

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia, Hutchinson 0.03 sec.
joint-stock company
1. Brit a business enterprise characterized by its separate legal existence and the sharing of ownership between shareholders, whose liability is limited
2. US a business enterprise whose owners are issued shares of transferable stock but do not enjoy limited liability


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? Mentioned in ? References in classic literature
 
Tupman and the spinster aunt established a joint-stock company of fish and flattery.
I'll form a Joint-Stock Company, And turn an honest pound or so.
Society is a joint-stock company, in which the members agree, for the better securing of his bread to each shareholder, to surrender the liberty and culture of the eater.
 
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