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joint stock company
(redirected from Chartered companies)

    Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.

joint stock company

Company that is owned (jointly) by at least two shareholders (the holders of the stock of the company). Shareholders have limited liability. The company has an independent legal existence from its shareholders and can, for example, be sued or own property. In the UK, joint stock companies are either private limited companies or public limited companies.



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? Mentioned in ? References in periodicals archive
 
First, it describes the commercial changes which created a new group of merchants separate from those who controlled the chartered companies which dominated English trade in the early century.
Merchants and Revolution: Commercial Change, Political Conflict, and ... by Smith, Steven R. / Journal of Social History
In one fell swoop Sovereign and the Legislature significantly impaired the rights of Sovereign's approximately 87,000 shareholders, not to mention the rights of all shareholders of all Pennsylvania chartered companies.
Relational Challenges Pennsylvania Legislation: Constitutional ... by Business Wire
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