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Glossary > J > "Joint Stock Company" Definition

Joint Stock Company

An organization that falls between the definitions of a partnership and corporation. This type of company issues stock and allows for secondary market trading, however, stockholders are liable for company debts.

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Joint Stock Company \ An organization that falls between the definitions of a partnership and corporation. This type of company issues stock and allows for secondary market trading, however, stockholders are liable for company debts.

Joint Stock Company / an organization that falls between the definitions of a partnership and corporation. this type of company issues stock and allows for secondary market trading, however, stockholders are liable for company debts.