In insurance, a company that is owned and controlled by a group of stockholders whose investment in the company provides the capital necessary for the issuance of guaranteed, fixed premium, nonparticipating policies The stockholders share in the profits and losses of the company Some stock companies also issue participating policies
company that in the event of its breakup its owners will be responsible for its debts in an amount that is yet to be determined (for the stock shares in their possession)
Company owned jointly by a number of shareowners All companies listed on the JSE are not only joint stock companies, with limited liability, but are also public companies in that they have more than 50 shareholders The shares of a public joint stock company are readily transferable from one person to another and can conveniently be marked on a stock exchange
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
In common law countries, an unincorporated assocation of persons whose ownership interests are represented by transferable shares The shareholders in such a company have unlimited personal liability
A joint-stock company is a company that is owned by the people who have bought shares in that company. a company that is owned by all the people with shares in it
a company (usually unincorporated) which has the capital of its members pooled in a common fund; transferable shares represent ownership interest; shareholders are legally liable for all debts of the company
stock company
الواصلة
stock com·pa·ny
التركية النطق
stäk kʌmpıni
النطق
/ˈstäk ˈkəmpənē/ /ˈstɑːk ˈkʌmpəniː/
علم أصول الكلمات
[ 'stäk ] (noun.) before 12th century. Middle English stok, from Old English stocc; akin to Old High German stoc stick.