Definitions from the Web
Jont Stock Company
A jont stock company, also known as a joint-stock company, is a form of business organization where company shares can be bought and sold by shareholders. This type of company is characterized by the ownership being divided into shares, with each shareholder having limited liability.
Senses:
- A business organization where ownership is divided into shares.
- A company where shares can be bought and sold by shareholders.
- A form of business with limited liability for the shareholders.
Sample Sentences:
- The jont stock company raised capital by issuing shares to investors.
- Investors can trade shares of the joint-stock company on the stock market.
- In a joint-stock company, the liability of shareholders is limited to the amount they have invested.
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