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What is meant by joint stock company

27.03.2021
Isom45075

The joint stock company may acquire own stocks only under specific conditions and not more than the legally defined amount. If it is not about a capital reduction   A Joint Stock Company may be defined as a company that issues stock and allows derived promotion trading making the stockholders legally responsible for the  Joint-Stock Company. Purpose. Established for the purpose of operating business on a large scale. Capital may be obtained through issuance  Investors receive shares in proportion to the funds put in, and the shareholders elect directors to manage the business. Shareholders receive any distributed profits  26 Mar 2017 Meaning: n. a company (usually unincorporated) which has the capital of its members pooled in a common fund; transferable shares represent  23 Sep 2016 2. Definition of Joint Stock CompanyDefinition of Joint Stock Company Company means a company formed and registered under this Act or 

The joint stock company may acquire own stocks only under specific conditions and not more than the legally defined amount. If it is not about a capital reduction  

Joint Stock Company. Definition. A company which has some features of a corporation and some features of a partnership. The company sells fully transferable stock, but all shareholders have unlimited liability. Joint-Stock Company. The joint-stock company was the forerunner of the modern corporation. In a joint-stock venture, stock was sold to high net-worth investors who provided capital and had limited risk. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick. A Joint Stock Company is a voluntary association of persons to carry on the business. It is an association of persons who contribute money which is called capital for some common purpose. These persons are members of the company.

A Joint Stock Company is a voluntary association of persons to carry on the business. It is an association of persons who contribute money which is called capital for some common purpose. These persons are members of the company.

A joint stock company issues shares similar to a public company that trades on a registered exchange. Joint stock holders may buy or sell these shares freely in the market. But unlike ordinary shares or preferred shares, the shares of a joint stock company carry explicit obligations. • JOINT-STOCK COMPANY (noun) The noun JOINT-STOCK COMPANY has 1 sense: 1. 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. Joint-stock company. A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company's shares. This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others.

The joint stock company is born out of the law, so the only way for the company to end is by the functioning of law. So the life of a company is in no way related to the life of its members. Members or shareholders of a company keep changing, but this does not affect the company’s life.

Joint-Stock Company (AD) is a company that has, by its Charter, a defined capital (basic capital) divided in equal parts (shares). A firm in Macedonia can be  joint-stock company definition: a business firm with a joint stock, owned by the stockholders in shares which each may sell or transfer independently 13 Feb 2019 The easiest way to provide a joint stock company definition: it is a business that is mutually owned by multiple shareholders. All the shareholders  In the US: Corporation with unlimited liability for the shareholders. Investors in a US joint stock company receive stock (shares) which can be transferred, and  Definition of joint-stock-company noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, 

Joint-Stock Company (AD) is a company that has, by its Charter, a defined capital (basic capital) divided in equal parts (shares). A firm in Macedonia can be 

11 Mar 2020 A joint stock company is a type of business partnership in which the capital is formed by the individual contributions of a group of shareholders. Definition of JOINT-STOCK CORPORATION: This differs from a joint-stock company in being regularly incorporated, instead of being a mere partnership, but  A joint stock company is a type of business involving two or more parties that are This means that if the business incurs debt, this liability will not be transferred  1 Jan 2019 Main source of law authorising the entity form. 90/2012 Coll. Act on Commercial Companies and Cooperatives (Business Corporations Act).

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