MLchartDataset catalogue

Joint stock company

Term · Law · MLC-T-LAW-002822

A business entity that combines features of a partnership and a corporation, where ownership is divided into transferable shares, but the liability of shareholders is often unlimited. This form of organization was more prevalent historically before the widespread adoption of limited liability corporations. It is now largely superseded by modern corporate structures.

Table 1. Record
IdentifierMLC-T-LAW-002822
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002822",
  "term": "Joint stock company",
  "field": "Law",
  "definition": "A business entity that combines features of a partnership and a corporation, where ownership is divided into transferable shares, but the liability of shareholders is often unlimited. This form of organization was more prevalent historically before the widespread adoption of limited liability corporations. It is now largely superseded by modern corporate structures.",
  "url": "https://mlchart.com/terminology/law/joint-stock-company/"
}

Record 2,757 of 5,441 in Law terminology (MLC-0107). Request the full dataset.