Investor Glossary-joint stock companyInvestor Glossary-joint stock companyInvestor Glossary-joint stock companyInvestor Glossary-joint stock companyInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Joint Stock Company

The HTML to link to this page
 

A joint stock company is a unique entity that resembles a corporation and a partnership, having features of both. Like a corporation, a joint stock company is made up of shareholders. Under the umbrella of a joint stock company, all shareholders have unlimited liability, yet the company's stock is fully transferable. The capital of a joint stock company is pooled into a common fund formed by individual shareholder contributions. The shareholders of a joint stock company are free to sell or transfer their shares without requiring the permission or consent of other shareholders. A joint stock company is managed by an elected Board of Directors on behalf of the shareholders. It is unusual for a shareholder to sit on the board of a joint stock company. The first joint stock company was established in 1602 as the Dutch East India Company. Jamestown was also financed by a joint stock company. While many joint stock companies still exist, they are considered an unpopular alternative to limited liability entities. The joint stock company business form has been attributed to a number of fraudulent asset protection schemes.



Rate this Joint Stock Company definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, EBITDA, average price per share, current ratio, FTSE, 1035 exchange, LIBOR, annual return, deferred revenue, option premium, 401a, command economy, open position, real GDP, implied volatility, in escrow, quality assurance, cancelled check, dividends payable, covered put, stock split, 1031 exchange, class C shares, required rate of return, ex-dividend, limit order, risk management, Zero Cost Collar, reverse mortgage, minority interest, VIX, deferred tax, Key Rate Duration, margin rate, wholly-owned subsidiary, APR, 144a, diluted share, stock market close, FICO score, ex-dividend date, phantom income, per diem, debt service coverage, balance sheet, retained earnings, irrevocable trust, labor relations, liquidity ratio


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use