Difference between revisions of "Joint-Stock Company"
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Latest revision as of 18:24, 11 March 2020
Joint-Stock Company - (noun)
Definition
A joint-stock company is a business that is owned by its investors. Each investor owns a share of the company.
Extra
Source: Adapted from Investopedia
Example of Use: If a joint-stock company is public, its shares can be traded on registered stock exchanges.