Financial Term Of The Day- Joint Stock Company.

Posted on August 9, 2008
Filed Under Series - Financial Term Of The Day! |

 Joint Stock Company:  An organization that falls between the definitions of a partnership and corporation. This type of company issues stock and allows for secondary market trading; however, stockholders are liable for company debts. This is a type of company that has access to the liquidity and financial reserves of stock markets, but also has the restrictions of a partnership.

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3 Responses to “Financial Term Of The Day- Joint Stock Company.”

  1.   
    Ridhima Bhula on August 18th, 2008 3:52 pm

    A joint stock company could either be private ltd. co. or public ltd. co. In a private ltd. company there should be minimum 2 members and maximum could be 50 members. It cannot give open invitation to public to subscribe for shares. Whereas a in public ltd. co. there should be minimum 7 members and there is no limit on the maximum members. Here the company can raise money from the public by issuing shares. To know more shares Click here http://www.apnapaisa.com/category/investment/equities/

  2.   
    Indian Equity Investment Guide on August 19th, 2008 7:26 pm

    Thanks for more information Ridhima. You are welcome.

    Regards,
    IEIG

  3.   
    Sunil Vaswani on November 18th, 2008 7:10 pm

    hi i m sunil vaswani i want to know the example of joint stock company in india……….

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