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Joint-stock company
noun
Definitions
Noun
- 1 A company with transferable ownership interests and limited shareholder liability. UK
- 2 a company (usually unincorporated) which has the capital of its members pooled in a common fund; transferable shares represent ownership interest; shareholders are legally liable for all debts of the company wordnet
- 3 A company with transferable ownership interests and unlimited shareholder liability. US
See also for "joint-stock company"
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