What is the meaning of JOINT STOCK COMPANY?

JOINT STOCK COMPANY is a company that has some features of a corporation and some features of a partnership. This type of company has access to the liquidity and financial reserves of stock markets as a corporation, however, as in a partnership; the stockholders are liable for company debts and have additional restrictions of a partnership.

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APABarry Goldsmith. (2010). joint stock company. Retrieved September 26, 2026, from http://smartdefine.org/joint_stock_company/definitions/1156694
ChicagoBarry Goldsmith. 2010. "joint stock company" http://smartdefine.org/joint_stock_company/definitions/1156694 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, joint stock company, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/joint_stock_company/definitions/1156694>.
MLABarry Goldsmith. "joint stock company" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/joint_stock_company/definitions/1156694>