Joint stock company - How To Discuss

■■■■■ stock company,

Definition of ■■■■■ stock company:

1. In the UK: The original (17th century) name for a corporation in which the liability of the owners is limited to the nominal value of the stock (shares) held by them.

2. In the US: Corporation with unlimited liability for the shareholders. Investors in a US ■■■■■ stock company receive stock (shares) which can be transferred, and can elect a board of directors, but are jointly-and-severally liable for companys debts and obligations. A US ■■■■■ stock company cannot hold title to a real property.

How to use ■■■■■ stock company in a sentence?

1. Sometimes people will invest in a ■■■■■ stock company if they see a big profit potential from the product they offer.
2. Some businesses choose to run as a ■■■■■ stock company so the investors have even more of a say in the comings and goings.
3. My four siblings and I decided to start a real estate investment company, we plan on running it as a ■■■■■ stock company so well all be responsible for any debts and financing equally as well as equally share in profits.