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A joint-stock company is a special kind of partnership. Such a company has a common capital called the stock. The partners in the company are called shareholders. The number of the shares owned by them shows how much money, in other words, dividends, they will get and how much power they have in the company. It's important to know that shareholders can freely transfer their shares to someone else without agreement or permission of other shareholders.

A joint-stock company is a business owned by several or many people who are called [ ]. [ ] is the money of the share owner.