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 ?
"The trading company is active in Iraq which is a potential market for transformers.
Salvation Army Trading Company area manager, Anthony Cummings, said: "Our first day of trading was extremely busy.
Goods Trading Company director Saleem Abdul Jabbar said Hisense is one of the major electronic giants in other countries of the GCC.
Clare Crabtree, from GNAAS Trading Company, said: "We have had huge support from Emmanuel Church Shop over the years and we want to say a massive thank you to everybody who has taken clothing in to the shop.
to contact and request additional information from the correspondent bank that holds accounts for (or facilitate transactions on behalf of), a trading company or a third country exchange house
Summary: A warehouse worker, who stole 38 expensive barrels used for storing alcohol, belonging to a maritime trading company, has been sentenced by the Court of First Instance to six months in jail followed by deportation.
The 12 members of Huddersfield-based Not Just a Community Enterprise are helping to pack tea for social enterprise Not Just a Trading Company.
The green coffee trading company was established in New York City on April 24, 1992 by Jeremy Woods in partnership with the German trading company Hamburg Coffee Company Hacofco mbH to service the U.S.
| KUWAIT, Jan 28 (KUNA) -- A shipment of 58,000 Australian sheep is expected to arrive here Sunday, Livestock Transport and Trading Company said Saturday.
Honle AG, a Germany based supplier of industrial UV technology, has established a new trading company in Shanghai.
Japan-based Nissan Motor Limited Japan has recognised Japan Motors Trading Company with the NISSAN Global Award.
The dissolution of Golden Belt trust follows news reports that a group syndicated lenders to Saad Trading Company filed a lawsuit in a Saudi Court.