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Tip of the Day Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid...

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Joint Stock Company


Joint Stock Company - Joint Stock Company financed with capital invested by the members or stockholders who receive transferable shares, or stock. It is beneath the control of certain specified managers called directors. A multiparty stock company formed of partnership, possessing the element of personal liability where each member remains financially responsible for the acts of the company. It is not an above-board entity separate from its stockholders. A multiparty stock company differs from a partnership in that the latter is composed of a few persons brought together by shared confidence. Partners are not free to retire from the firm or substitute other persons.

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Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

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