Definition of joint-stock company in English:
joint-stock company
nounˌdʒɔɪntˈstɒk ˌkʌmp(ə)niˈdʒɔɪnt ˈˌstɑk ˌkəmp(ə)ni
Finance A company whose stock is owned jointly by the shareholders.
Example sentencesExamples
- The corporate income tax for joint-stock companies will be nearly halved from its present level of 40 percent to 25 percent.
- In a traditional capitalist joint-stock company, votes on questions of the company's direction are allotted by shares of ownership.
- The investor in the future large complex will be a joint-stock company in which well-known business people will participate.
- He said Xinhua Bookstore intends to restructure itself into a joint-stock company.
- This was mainly based around the activities of the East India Company, a large joint-stock company based in London.
Definition of joint-stock company in US English:
joint-stock company
nounˈdʒɔɪnt ˈˌstɑk ˌkəmp(ə)niˈjoint ˈˌstäk ˌkəmp(ə)nē
Finance A company whose stock is owned jointly by the shareholders.
Example sentencesExamples
- The investor in the future large complex will be a joint-stock company in which well-known business people will participate.
- In a traditional capitalist joint-stock company, votes on questions of the company's direction are allotted by shares of ownership.
- He said Xinhua Bookstore intends to restructure itself into a joint-stock company.
- This was mainly based around the activities of the East India Company, a large joint-stock company based in London.
- The corporate income tax for joint-stock companies will be nearly halved from its present level of 40 percent to 25 percent.