stock company
- noun
- /stɑk ˈkʌmpəni/
- Specialized
:
sociedad anónima
- The new joint-stock company allows investors to buy and sell shares on the stock exchange.
- a joint stock company
Examples
-
The GOU registers most SOEs as national holding companies or joint stock companies, and usually a minority share in these companies belongs to employees or private enterprises.
Academic text (2016) -
The Iraqi cabinet also decided to convert the government-owned National Company for Distribution and Advertising to a joint stock company.
Academic text (1992) -
A similar situation can exist in joint stock companies with a sufficient degree of separation of ownership and management.
Academic text (1992) -
At least, that was the case when private businesses turned into joint-stock companies in the West.
Academic text (1994) -
Under the second option, the state would create joint-stock companies owned entirely by the Treasury.
Academic text (1991) -
The rest of the equity is held by TALC, a joint stock company owned by 15 Arab states.
Academic text (2000) -
Selected medium-sized enterprises with a promising future are converted into joint-stock companies and offered to the public.
Academic text (1991) -
Legislation, including the Law on Joint-Stock Companies and Protection of Shareholders' Rights, issued in 1996 and last updated in 2014, set a range of standards to protect the interests of shareholders.
Academic text (2016) -
Although it is easy to change the shareholders of a state enterprise and have it become what is known as a joint-stock company, what does not change is that the new corporation is usually as starved for capital as the old one.
Academic text (1993) -
The government has encouraged the formation of joint-stock companies, but shares are only available to the Saudi public and Gulf Cooperation Council (GCC) nationals.
Academic text (1995)
Synonyms
1
4.9
A business owned by many people who buy shares to own part and share profits and losses
Surface Forms
Morphology
The adjective 'stock' (meaning regular/standard) plus 'company' (an organization) gives a sensible clue that this is an organization with a regular or standard repertoire, so some core meaning is inferable from the parts. However, the specialised theatrical sense (a permanent troupe that performs a set repertoire) and historical/industry nuance are not fully predictable for a B1 learner, so it is only partially transparent.
Etymology
Stock company comes from the word stock, which used to mean a store or supply of goods and value. Imagine that store cut into small pieces called 'shares' that people can buy. That's why a stock company is a business owned in parts and can raise money by selling 'shares'.