What is meant by joint stock companies
Definition: A joint stock company is a legal association between individuals that creates a new entity for business purposes. It is a way to incorporate a given A joint-stock company is a company that is owned by the people who have bought shares in that company. [business]. COBUILD Advanced English Dictionary. 11 Mar 2020 joint-stock company definition: 1. a business that is owned by the group of people who have shares in the company 2. a company that…