joint-stock company

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English Wikipedia has an article on:


joint-stock company (plural joint-stock companies)

  1. (business, finance, law, Britain) A company with transferable ownership interests and limited shareholder liability.
  2. (business, finance, law, US) A company with transferable ownership interests and unlimited shareholder liability.

Usage notes[edit]

Note that there's a fundamental difference in the concept of joint-stock company in the US and UK.


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