joint-stock company


: 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

Example Sentences

Recent Examples on the Web 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 All major companies owned by the central government, excluding financial and cultural firms, will be transformed into limited-liability or joint-stock companies by Dec. 31, according to a plan released by the State Council, or cabinet. WSJ, 26 July 2017

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'joint-stock company.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1776, in the meaning defined above

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

Dictionary Entries Near joint-stock company

Cite this Entry

“Joint-stock company.” Dictionary, Merriam-Webster, Accessed 4 Jun. 2023.

Legal Definition

joint-stock company

see company

More from Merriam-Webster on joint-stock company

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