Super Finance Glossary
Over 10,000 financial glossary terms...
Joint Stock Company
Joint Stock Company
Definition: A form of business organization that falls between a corporation and a partnership. The company sells stock, and its shareholders are free to sell their stock, but shareholders are liable for all debts of the company.
Definition: A form of business organization that falls between a corporation and a partnership. The company sells stock, and its shareholders are free to sell their stock, but shareholders are liable for all debts of the company.