Quick Definition

A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders, with each shareholder owning a portion of the company proportional to their shareholding.

Examples

• 1A group of investors forming a joint-stock company to fund and operate a new technology startup.
• 2An established joint-stock company like Apple Inc., where shares are publicly traded on stock exchanges.
• 3Investors buying shares in a joint-stock company during an initial public offering (IPO) to gain a stake in the company.
• 4A joint-stock company issuing dividends to its shareholders from the profits earned.

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