HyperDic: joint-stock_company

English > 1 sense of the expression joint-stock company:
NOUNgroupjoint-stock companya company (usually unincorporated) which has the capital of its members pooled in a common fund
English > joint-stock company: 1 sense > noun 1, group
MeaningA company (usually unincorporated) which has the capital of its members pooled in a common fund; transferable shares represent ownership interest; shareholders are legally liable for all debts of the company.
BroadercompanyAn institution created to conduct business
Spanishsociedad anónima

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