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v. t. e. A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). [1] Shareholders are able to transfer their shares to others without any effects to the continued ...
t. e. The New York Stock Exchange in Lower Manhattan is the world's largest stock exchange per total market capitalization of its listed companies. [1] A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock ...
jse.co.za. JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) [3] is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. [4][5] In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US ...
A joint-stock company is a company owned by several, generally private, investors. They’re an in-between creation, held more closely than a public company but more widely traded than a partnership.
v. t. e. A public company[a] is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company).
Demutualization is the process by which a customer-owned mutual organization ( mutual) or co-operative changes legal form to a joint stock company. [ 1] It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual usually receive a "windfall" payout, in the form of shares in the successor company ...
Stock exchange. Interior hall of the Helsinki Stock Exchange in Helsinki, Finland, 1965. A stock exchange is an exchange (or bourse) where stockbrokers and traders can buy and sell shares (equity stock), bonds, and other securities. Many large companies have their stocks listed on a stock exchange. This makes the stock more liquid and thus more ...
A stock certificate is a legal document that specifies the number of shares owned by the shareholder, and other specifics of the shares, such as the par value, if any, or the class of the shares. In the United Kingdom, Republic of Ireland, South Africa, and Australia, stock can also refer, less commonly, to all kinds of marketable securities. [4]