Joint-stock definition
Stock or capital funds of a company held jointly or in common by its owners.
noun
Stock or capital held in a common fund.
noun
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The increase in the number of joint-stock companies, and the capital thus invested in industrial undertakings, furnish a valuable indication.
The Mopani colliery, which dates back to 1860, is worked by a joint-stock company.
Since its reorganization as a joint-stock company in 1890 many of the shares have been held by the crown, philanthropic institutions and other public bodies.
On the shores of the Gulf St Vincent, again, from 1835 to 1837, South Australia was created by another joint-stock company, as an experiment in the Wakefield scheme of colonization.
Since 1895, again, a totally new departure has been made by Morishita Hachizaemon, a ceramic expert, in conjunction with Shida Yasukyo, president of the Kaga products joint stock company (Kaga bussan kabushiki kaisha) and teacher in the Kaga industrial school.