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Joint-Stock Corporation

Defined in 3 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1891)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

A term ing substantially all corporations for pecuniary profit) which have a capital stock divided into shares.

Ballentine's Law Dictionary

James A. Ballentine · 1916

A corporation whose capital is divided into shares.

A Dictionary of Law

Henry Campbell Black · 1891

This differs from a joint-stock company in being regularly incorporated, instead of being a mere partnership, but resembles it in having a capital divided into shares of stock. Most business corporations (as distinguished from eleemosynary corporations) are of this character.