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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebJoint Stock CompanyDescriptionA joint stock company is a form of business organization where ownership is divided into shares, allowing multiple individuals or entities to invest in the company and share in its profits and losses. Senses and UsagesNoun - Corporate Structure1. A joint stock company refers to a legal entity that is created by individuals or businesses for the purpose of pooling capital resources and sharing ownership through shares. Example sentence: The joint stock company successfully raised funds by offering shares to investors. Noun - Historical Context2. In history, a joint stock company specifically refers to a business entity established during a certain period, often seen in relation to early trade expeditions and colonization efforts. Example sentence: The British East India Company was one of the most prominent joint stock companies during the colonial era. Noun - Local Firm3. In some regions, a joint stock company may also refer to a local firm that is owned by shareholders and operates within a specific community or locality. Example sentence: The joint stock company was committed to supporting the local economy through job creation. Adjective - Shared Ownership4. As an adjective, joint-stock describes a company or enterprise where the ownership is divided among various shareholders. Example sentence: The joint-stock venture allowed for widespread investment and collective decision-making. Related ProductsExplore related products on Amazon: | ||||
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