joint-stock company

noun

: a company or association consisting of individuals organized to conduct a business for gain and having a joint stock of capital represented by shares owned individually by the members and transferable without the consent of the group

Examples of joint-stock company in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Nowhere were free wage labor markets a norm, nor free land markets, nor capital markets, and there were no banks, stock markets, or joint-stock companies. Literary Hub, 25 Mar. 2026 The East India Company evolved into a permanent joint-stock company in 1657. Caroline Elkins, Foreign Affairs, 22 Aug. 2023 The very land on which Congress now sits was first colonized by theVirginia Company of London, a joint-stock company chartered by King James I and his fellow shareholders. Olúfẹ́mi Táíwò, The New Republic, 3 Apr. 2020 In the 18th century the joint-stock company created bubbles, before going on to make large-scale business possible in the 19th century. The Economist, 3 Oct. 2019

Word History

First Known Use

1776, in the meaning defined above

Time Traveler
The first known use of joint-stock company was in 1776

Browse Nearby Words

Cite this Entry

“Joint-stock company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/joint-stock%20company. Accessed 4 Jul. 2026.

Legal Definition

joint-stock company

see also:

More from Merriam-Webster on joint-stock company

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster