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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



... prefer an office whose system would best suit his own requirements. There are two kinds of Insurance Companies, one known as a "Mutual" office, in which all the profits which may be earned are periodically added to the amount insured, the other in the form of a Joint-Stock Company, in which a small proportion of the profits are distributed amongst the Shareholders and the remainder added to the Insurances. The Mutual Office dividing the whole of its profits amongst the insured would appear ...
— Everybody's Guide to Money Matters • William Cotton, F.S.A.
... active leaven of discord; as if, instead of a legislator chosen by the people, he had been their greatest enemy. Is it not, indeed, the height of imprudence to grant equality of political rights to men of unequal conditions? If a manufacturer, uniting all his workmen in a joint-stock company, should give to each of them a consultative and deliberative voice,—that is, should make all of them masters,—would this equality of mastership secure continued inequality of wages? That is the whole political system of Solon, reduced to its ...
— What is Property? - An Inquiry into the Principle of Right and of Government • P. J. Proudhon
... Graham, in sinister agreement. "I have always maintained that the United Synagogue could be run as a joint-stock company for the sake of a dividend, and that there wouldn't be an atom of difference in the discussions if the councillors were directors. I do believe the pillars of the community figure the Millenium as a time when every Jew shall have enough to eat, a place to worship in, and a place ...
— Children of the Ghetto • I. Zangwill


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