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Joint stock company |
Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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Joint stock company A form of business organization that falls between a corporation and a partnership. The company sells stock, and its shareholders are free to sell their stock, but shareholders are liable for all debts of the company. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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until lawmakers decide on how to reform the congressionally chartered companies in a way that will both provide strong support for housing and protect taxpayers from future losses. |
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