From Longman Dictionary of Contemporary Englishjoint-stock companyˌjoint-ˈstock ˌcompany noun [countable] American EnglishBBC a company that is owned by all the people with shares in it
Examples from the Corpus
joint-stock company• After the withdrawal of the Taylors in 1852, the Lloyd family bank was converted into a joint-stock company in 1865.• Uralmash was converted into a joint-stock company at the end of 1992 with 1.8m shares.• He was hostile to the joint-stock company as a medium through which to carry on business enterprise. 