Joint stock company


 

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Joint stock company

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.



Joint stock company

Similar Matches

Income investment company

Income investment company

A management company focused on managing a mutual fund whose primary purpose is income generation, typically investing in bonds and high dividend yielding stocks.


Public limited company (plc)

Public limited company (plc)

A company registered as a public company which has an unlimited number of shareholders, and can offer its shares to the public.Most UK companies are incorporated as limited companies. Some of them grow to the point where they want to expand their shareholder base, and raise capital by listing on the London Stock Exchange. To do that, they need to convert their status to that of a plc.


Investment Company Institute (ICI)

Investment Company Institute (ICI)

A national industry group of investment companies, including mutual funds, founded in 1940.


Intracompany trade

Intracompany trade

Transactions between or among subsidiaries that are part of the same parent company.


Title company

Title company

A company that performs and insures title searches. Usually selected by the seller, they sometimes work as a lender's agent. Depending on the preferences of the seller, buyer and others involved in the sale, the closing might take place at the title company's offices.


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Investment Company Act of 1940
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