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What is another word for joint stock?

Pronunciation: [d͡ʒˈɔ͡ɪnt stˈɒk] (IPA)

Joint stock is a term used in finance to describe a company whose capital is divided into shares that are held by multiple shareholders. Synonyms for joint stock include publicly traded, shareholder-owned, and corporate. These terms all refer to the concept of a company that is owned by many shareholders and whose ownership can be traded publicly on a stock exchange. Other synonyms for joint stock include publicly held, equity-based, and stock company. These terms all describe the concept of a company whose ownership is based on the number of shares held by its shareholders and whose value is determined by the market price of those shares.
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What are the hypernyms for Joint stock?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Joint stock

  • Men may seem detestable as joint stock-companies and nations; knaves, fools, and murderers there may be; men may have mean and meagre faces; but man, in the ideal, is so noble and so sparkling, such a grand and glowing creature, that over any ignominious blemish in him all his fellows should run to throw their costliest robes.
    Herman Melville
  • There is no such thing as the Queen's English. The property has gone into the hands of a joint stock company and we own the bulk of the shares
    Mark Twain
  • The first essential in determining how to deal with the great industrial combinations is knowledge of the facts—publicity. In the interest of the public, the Government should have the right to inspect and examine the workings of the great corporations engaged in interstate business. Publicity is the only sure remedy which we can now invoke.The first requisite is knowledge, full and complete—knowledge which may be made public to the world. Artificial bodies, such as corporations and joint stock or other associations, depending upon any statutory law for their existence or privileges, should be subject to proper governmental supervision, and full and accurate information as to their operations should be made public regularly at reasonable intervals.
    Theodore Roosevelt
  • The practice of creating chartered joint-stock companies of a modern type seems to have begun at the commencement of the seventeenth century; and the formation of the East India Company is one of the earliest, if not the very earliest, examples. At first, it appears, the 'joint stock' of the company was separately made up for each ship; perhaps for each voyage. But, in the year 1612 the Company made the momentous resolve to have one joint stock for the whole of its affairs, and thus inaugurated a new epoch. The East India Company, or Companies, (for there were two of them), were followed by the Hudson's Bay Company (1670), the existence of which was recognized by statute in 1707, and by the Bank of England and the notorious South Sea Company.
    Edward Jenks
  • it is merely a figure of speech to attribute an invention to a single person: this is a convenient falsehood fostered by a spurious sense of patriotism and by the device of patent monopolies... Any fully developed machine is a composite collective product: the present weaving machinery, according to Hobson, is a compound of about 800 inventions, while the present carding machinery is a compound of about 60 patents.the joint stock of knowledge and technical skill transcends the boundaries of individual or national egos: and to forget that fact is not merely to enthrone superstition but to undermine the essential planetary basis of technology itself.
    John A. Hobson

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