Definition of joint-stock company noun from the Oxford Advanced Learner's Dictionary


joint-stock company

BrE BrE//ˌdʒɔɪnt ˈstɒk kʌmpəni//
; NAmE NAmE//ˌdʒɔɪnt ˈstɑːk kʌmpəni//
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a company that is owned by all the people who have shares in it
See the Oxford Advanced American Dictionary entry: joint-stock company