Joint stock company(redirected from Società Per Azioni)
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Related to Società Per Azioni: Sociedad Anonima, Società a Responsabilità Limitata
Joint stock 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.