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Joint-stock company   /dʒɔɪnt-stɑk kˈəmpəni/   Listen
adjective
Joint  adj.  
1.
Joined; united; combined; concerted; as, joint action.
2.
Involving the united activity of two or more; done or produced by two or more working together. "I read this joint effusion twice over."
3.
United, joined, or sharing with another or with others; not solitary in interest or action; holding in common with an associate, or with associates; acting together; as, joint heir; joint creditor; a joint bank account; joint debtor, etc. "Joint tenants of the world."
4.
Shared by, or affecting two or more; held in common; as, joint property; a joint bond. "A joint burden laid upon us all."
Joint committee (Parliamentary Practice), a committee composed of members of the two houses of a legislative body, for the appointment of which concurrent resolutions of the two houses are necessary.
Joint meeting, or Joint session, the meeting or session of two distinct bodies as one; as, a joint meeting of committees representing different corporations; a joint session of both branches of a State legislature to chose a United States senator. "Such joint meeting shall not be dissolved until the electoral votes are all counted and the result declared."
Joint resolution (Parliamentary Practice), a resolution adopted concurrently by the two branches of a legislative body. "By the constitution of the United States and the rules of the two houses, no absolute distinction is made between bills and joint resolutions."
Joint rule (Parliamentary Practice), a rule of proceeding adopted by the concurrent action of both branches of a legislative assembly. "Resolved, by the House of Representatives (the Senate concurring), that the sixteenth and seventeenth joint rules be suspended for the remainder of the session."
Joint and several (Law), a phrase signifying that the debt, credit, obligation, etc., to which it is applied is held in such a way that the parties in interest are engaged both together and individually thus a joint and several debt is one for which all the debtors may be sued together or either of them individually; used especially in the phrase joint and several liability.
Joint stock, stock held in company.
Joint-stock company (Law), a species of partnership, consisting generally of a large number of members, having a capital divided, or agreed to be divided, into shares, the shares owned by any member being usually transferable without the consent of the rest.
Joint tenancy (Law), a tenure by two or more persons of estate by unity of interest, title, time, and possession, under which the survivor takes the whole.
Joint tenant (Law), one who holds an estate by joint tenancy. Contrassted with tenant in common.






Collaborative International Dictionary of English 0.48








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"Joint-stock company" Quotes from Famous Books



... was the capital stock on which the enterprising firm of Topman and Gusher had started a great and flourishing joint-stock company. The boatmen listened to what they had heard with surprise and astonishment. They, in short, firmly believed that what they had seen in the bucket was treasure taken from the place in which it had ...
— The Von Toodleburgs - Or, The History of a Very Distinguished Family • F. Colburn Adams

... because there is an Infinite in him, which with all his cunning he cannot quite bury under the Finite. Will the whole Finance Ministers and Upholsterers and Confectioners of modern Europe undertake, in joint-stock company, to make one Shoeblack HAPPY? They cannot accomplish it, above an hour or two: for the Shoeblack also has a Soul quite other than his Stomach; and would require, if you consider it, for his permanent satisfaction and saturation, simply ...
— Sartor Resartus - The Life and Opinions of Herr Teufelsdrockh • Thomas Carlyle

... successfully disputed the pretensions of Spain, and where after forty years of disappointment and disaster a flourishing colony had at length been founded in Virginia. The colonization of the North American coast had now become part of the avowed policy of the British government. In 1606 a great joint-stock company was formed for the establishment of two colonies in America. The branch which was to take charge of the proposed southern colony had its headquarters in London; the management of the northern branch was at Plymouth in Devonshire. Hence the two branches are commonly ...
— The Beginnings of New England - Or the Puritan Theocracy in its Relations to Civil and Religious Liberty • John Fiske



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