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 ?
Mannai Trading Company is Qatars largest Systems Integrator and is constantly transforming the way hybrid cloud infrastructure is delivered, said Mr.
Laura Smith, business and community initiatives manager of Not Just a Trading Company, said: "Members from the over-55s group enjoyed packaging the tea as it allowed them to do something different, whilst having a cup of tea and a good chat as they complete the work - and make an income too.
Section III discusses the business cycle properties of both the components of trading company finance and overall trading company finance.
In a trading company, finance people have to say 'no' a lot," Forman comments, "and I had spent my whole career being a business developer.
Complete due diligence by all participants to the transaction--Specific emphasis should be placed on analyzing the reasonableness of the deal structure; the company's ability to use the trade credits offered in a reasonable time frame (usually one to three years); and a specific listing of the goods and services to be purchased by the corporate trading company for the selling client.
If so, what form would an American sogo shosha -- an American General Trading Company -- of the twenty-first century take?
The trading company, Global Minerals and Metals Corp.
DETROIT -- Detroit Trading Company, the largest automotive lead exchange in the nation, has been selected as the exclusive distribution partner for shopautoweek.
com)-- Santana Equipment Trading Company has promoted Manny Romero to maintenance manager for its Phoenix, Arizona warehouse location.
The renewal of long-term distributor agreement in Qatar is announced by a leading distribution services and e-commerce provider for the global travel industry Travelport and Mannai Trading Company.
Corporate trade may easily be applied across any business that regularly advertises, purchases printing, travel related products, sponsorships and other goods and services offered by the trading company.