Joint-stock company
Joint Joint (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster]

2. Involving the united activity of two or more; done or produced by two or more working together. [1913 Webster]

I read this joint effusion twice over. --T. Hook. [1913 Webster]

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.'' --Donne. [1913 Webster]

4. Shared by, or affecting two or more; held in common; as, joint property; a joint bond. [1913 Webster]

A joint burden laid upon us all. --Shak. [1913 Webster]

{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. --Cushing.

{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 Rules of Congress, U. S.

{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.'' --Barclay (Digest).

{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.'' --Journal H. of R., U. S.

{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. --Blackstone.

{Joint tenant} (Law), one who holds an estate by joint tenancy. Contrassted with {tenant in common}. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • joint-stock company — joint stock association or company An unincorporated business enterprise with ownership interests represented by shares of stock. This type enterprise was recognized at common law and by statute is generally treated as a corporate entity for… …   Black's law dictionary

  • joint stock company — joint stock association or company An unincorporated business enterprise with ownership interests represented by shares of stock. This type enterprise was recognized at common law and by statute is generally treated as a corporate entity for… …   Black's law dictionary

  • joint-stock company — joint stock association or company An unincorporated business enterprise with ownership interests represented by shares of stock. This type enterprise was recognized at common law and by statute is generally treated as a corporate entity for… …   Black's law dictionary

  • joint stock company — joint stock association or company An unincorporated business enterprise with ownership interests represented by shares of stock. This type enterprise was recognized at common law and by statute is generally treated as a corporate entity for… …   Black's law dictionary

  • joint stock company — An association engaged in a business for profit with ownership interests represented by shares of stock. Dictionary from West s Encyclopedia of American Law. 2005. joint stock company An associatio …   Law dictionary

  • joint–stock company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • joint-stock company — joint stock companies N COUNT A joint stock company is a company that is owned by the people who have bought shares in that company …   English dictionary

  • joint-stock company — [joint′stäk′] n. a business firm with a joint stock, owned by the stockholders in shares which each may sell or transfer independently …   English World dictionary

  • joint-stock company — UK US noun [C] (ABBREVIATION JSC) ► FINANCE, WORKPLACE a company that is owned and controlled by shareholders, with shares that are traded on a stock market …   Financial and business terms

  • joint-stock company — >> company. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”