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单词 joint-stock
释义 joint stock, joint-stock Comm.
[f. joint a. + stock.]
1. Stock or capital contributed and owned by a number of persons jointly; capital divided into shares; a common fund.
1615E. S. Brit. Buss in Arb. Garner III. 655 For the good government and sincere disposition of this Joint Stock.1694Luttrell Brief Rel. (1857) III. 400 The merchants of Amsterdam are fitting out with a joint stock 15 privateers of 40 guns each.1711Lond. Gaz. No. 4868/3 The Joynt Stock of a Corporation to be erected to carry on a Trade in the South Seas.1779Hervey Nav. Hist. II. 200 A kind of open trade was carried on from England to the east, which greatly affected the merchants who traded on the joint stock.1806Hutton Course Math. I. 124, X, Y, and Z made a joint-stock for 12 months.1883Wharton's Law-Lex. (ed. 7) s.v. Joint-Stock Company, The common property of the members, applicable to the purposes of the company, is called its joint-stock, and hence the name.
2. attrib. (ˈjoint-stock). Holding a joint stock; formed or conducted on the basis of a joint stock; as joint-stock bank, joint stock company, joint stock companyship, joint stock firm.
1776Joint-stock company [see company n. 7].1808H. Day (title) A Defence of Joint Stock Companies.1825Scott Fam. Lett. (1894) II. xxi. 278 The people are all mad here about joint-stock companies.1843Ainsworth's Mag. IV. 110 It is a pleasant privilege of the honourable corps..that a sort of joint-stock-companyship prevails among them.1844Disraeli Coningsby viii. i, When he received a deputation on sugar duties or joint-stock banks.1853Mrs. Gaskell Cranford xii. 225 Her poor opinion of joint-stock banks in general.1893Bithell Counting-ho. Dict. s.v., A Joint Stock Company is defined by Act of Parliament to be ‘A Company consisting of seven or more members having a permanent paid up or nominal capital of fixed amount, divided into shares, also of fixed amount, and formed on the principle of having for its members the holders of shares of such capital, and no other persons’. This definition excludes companies consisting of six or fewer members, whose affairs fall under the Law of partnership.1964Gould & Kolb Dict. Social Sci. 550/1 The modern business corporation or joint stock company originated in the 18th century.1969Lebende Sprachen XIV. 97/2 Clearing arrangements have been agreed with the joint stock banks, so that money can be readily transferred from a giro account to a bank account.1972Accountant 5 Oct. 413/1 Sweden's national pension fund, it has been recommended, should be free to invest approximately 1 per cent of its resources in selected joint-stock companies.
Hence joint-ˈstock v. trans., to turn into joint stock, or into a joint-stock company; joint-ˈstockery, dealing in, or formation of, joint stocks; joint-ˈstockism, the system or principle of joint-stocks. (All more or less nonce-wds.)
1894Sir E. Sullivan Woman 99 Let some clever person invent something better, patent it, *joint-stock it, and get some good names on the direction, and he will have an immense success.1899Contemp. Rev. June 870 We refine the method of stealing, that is all—joint-stock it, and sometimes call it a dividend.
1864Realm 6 Apr. 3 They are themselves so immersed in *joint-stockery, that they fancy all the rest of mankind are similarly inclined.
1856Tait's Mag. XXIII. 304 *Joint-stockism has been successfully applied to many other branches of business.1890G. B. Shaw Fab. Ess. 137 The transfigured joint stockism of the present Co⁓operative movement.
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