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English definition of “joint-stock company”

joint-stock company

noun [C]     /ˌdʒɔɪnt.stɒkˈkʌm.pə.ni/ US  /-stɑːk-/ specialized
a business that is owned by the group of people who have shares in the companyBusinesses and enterprises
(Definition of joint-stock company noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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