Joint stock company

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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.

Joint Stock Company

A company that issues stock and requires shareholders to be held liable for the company's debt. In other words, a joint stock company combines features of a general partnership, in which owners of a company split profits and liabilities, and a publicly-traded company, which issues stock that shareholders are able to buy and sell on an exchange. See also: Publicly-traded partnership.
References in periodicals archive ?
FOCUS ON SELECT PLAYERS II-48 Allied Bakeries (UK) II-48 Bakers Delight (Australia) II-48 Barilla Holding Societa per Azioni (Italy) II-48 Britannia Industries Limited (India) II-48 Canada Bread Company, Limited (Canada) II-49 Finsbury Food Group (UK) II-49 Flowers Foods, Inc.
The report profiles 493 companies including many key and niche players worldwide such as Associated British Foods Plc, Allied Bakeries, Barilla Holding Societa per Azioni, Barilla Holding Societa per Azioni, Fletchers Group of Bakeries, Flowers Bakeries, Inc.

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