joint-stock company
noun
: a company or association consisting of individuals organized to conduct a business for gain and having a joint stock of capital represented by shares owned individually by the members and transferable without the consent of the group
Examples of joint-stock company in a Sentence
Recent Examples on the Web
The East India Company evolved into a permanent joint-stock company in 1657.
—
Caroline Elkins, Foreign Affairs, 22 Aug. 2023
Red Sea Global and the Public Investment Fund A closed joint-stock company owned by the Public Investment Fund of Saudi Arabia, the projects being undertaken by Red Sea Global look to a sustainable future that will diversify its economy while nurturing the environment.
—Kathleen Turner, Forbes, 30 Mar. 2024
The very land on which Congress now sits was first colonized by theVirginia Company of London, a joint-stock company chartered by King James I and his fellow shareholders.
—Olúfẹ́mi Táíwò, The New Republic, 3 Apr. 2020
In the 18th century the joint-stock company created bubbles, before going on to make large-scale business possible in the 19th century.
—The Economist, 3 Oct. 2019
All major companies owned by the central government, excluding financial and cultural firms, will be transformed into limited-liability or joint-stock companies by Dec. 31, according to a plan released by the State Council, or cabinet.
—WSJ, 26 July 2017
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Caroline Elkins, Foreign Affairs, 22 Aug. 2023
Red Sea Global and the Public Investment Fund A closed joint-stock company owned by the Public Investment Fund of Saudi Arabia, the projects being undertaken by Red Sea Global look to a sustainable future that will diversify its economy while nurturing the environment.
—Kathleen Turner, Forbes, 30 Mar. 2024
The very land on which Congress now sits was first colonized by theVirginia Company of London, a joint-stock company chartered by King James I and his fellow shareholders.
—Olúfẹ́mi Táíwò, The New Republic, 3 Apr. 2020
In the 18th century the joint-stock company created bubbles, before going on to make large-scale business possible in the 19th century.
—The Economist, 3 Oct. 2019
All major companies owned by the central government, excluding financial and cultural firms, will be transformed into limited-liability or joint-stock companies by Dec. 31, according to a plan released by the State Council, or cabinet.
—WSJ, 26 July 2017
Cite this Entry
“Joint-stock company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/joint-stock%20company. Accessed 4 Mar. 2025.
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