| 单词 | joint-stock company |
| 释义 | joint-stock company joint-stock company A company in which the members pool their stock and trade on the basis of their joint stock. This differs from the earliest type of company, the merchant corporations or regulated companies of the 14th century, in which members traded with their own stock, subject to the rules of the company. Joint-stock companies originated in the 17th century; they are now rare. |
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