joint-stock company

An association between a company's individual and the transferable shares. Like a company, shareholders are responsible for company debt.

A joint-stock company holding an UK-transferable stock, and a limited liability or unlimited shareholder for corporate bonds

The UK is a commercial enterprise characterized by an independent legal entity and shareholder sharing among shareholders, whose responsibilities are limited.

Company shares are transferable. In the case of a public partnership company, shares can be traded on a registered exchange. Stocks of private companies can be transferred between individuals. Investors in securities companies in the United States can bear unrestricted responsibility, so corporate bonds can be paid by foreclosing private property of shareholders. In the UK of the 17th century, the company was a pioneer of the company's modern business structure. In many cases, the Kingdom of England is committed to these companies to engage in high-risk initiatives that will benefit the authorities. Capital is raised through wealthy individual investment and they share profits. Investor liability is limited to the initial investment amount. In American history, the company in Virginia state is the closest securities company.

The securities company is an organization dealing with the definition of partnership and shareholder responsibility between companies. In the United States, the shareholders of the joint-stock company will bear unlimited liability for corporate bonds. In the UK, shareholder liability is limited to the par value of the shares owned by each shareholder. Company shares are transferable. In the case of a public partnership company, shares can be traded on a registered exchange. Stocks of private companies can be transferred between individuals. Investors in securities companies in the United States can bear unrestricted responsibility, so corporate bonds can be paid by foreclosing private property of shareholders.

In Norway, the joint-stock company is called aksjeselskap and is abbreviated AS. Applicable to companies with a large number of shareholders, is a public company called allmennaksjeselskap, abbreviated ASA. A joint-stock company must be established, has an independent legal personality and limited liability, and must have certain capital at the time of establishment. A regular securities company needs to hold a minimum capital of 30,000 Norwegian kroner at the time of establishment. It has declined from 100 thousand in 2012. A publicly traded company must have a minimum capital of 1 million Norwegian kroner.