English version

joint-stock company in Companies topic

From Longman Dictionary of Contemporary Englishjoint-stock companyˌjoint-ˈstock ˌcompany noun [countable]  American EnglishBBC a company that is owned by all the people with shares in it
Examples from the Corpus
joint-stock companyAfter the withdrawal of the Taylors in 1852, the Lloyd family bank was converted into a joint-stock company in 1865.Uralmash was converted into a joint-stock company at the end of 1992 with 1.8m shares.He was hostile to the joint-stock company as a medium through which to carry on business enterprise.