joint stock company

noun

  • Business (Corporate) Law/Company Law

Definitions of joint stock company

  • a type of business entity whose form has aspects similar to that of both a partnership and a company. It is owned by the shareholders, who provide funds, appoint the managers and share its profits and debts.

    Partners are working on a plan to convert Airbus into a joint stock company in order to compete more effectively against Boeing.

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Abbreviations of joint stock company

Phrase Bank for joint stock company

Additional Notes for joint stock company