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joint-stock company
(redirected from Joint-stock companies)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.24 sec.
joint-stock company
A rare type of business organization characterized by some features of a partnership and some features of a corporation. Shares are transferrable and the company is assessed taxes according to corporate tax rates. However, the liability of each owner is unlimited. Joint-stock companies are established primarily because of the ease with which they are formed.
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Regarding ownership, 15 banks were closed joint-stock companies (one, Armsavingsbank, being state-owned), 6 were open joint-stock companies, 4 were limited liability companies and one was a cooperative (Synthesis, 2001, pp.
An extended application of Factor Analysis in establishing peer ... by Newton, Judy / Journal of Academy of Business and Economics
On the other hand, mixed joint-stock companies (AO) are not controlled efficiently enough: in more than a half of them the state pays insufficient attention to expanding their defense production potential.
Problems of building the Navy by Gorozhanin, L.A. / Military Thought
The South Sea Bubble produced so many corrupt profiteers and gullible victims that the Bubble Act of 1720 banned all joint-stock companies, except those established by separate Act of Parliament, for two centuries.
White-Collar Crime in Modern England: Financial Fraud and Business ... by Perkin, Harold / Journal of Social History
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