JOINT a.
vided, or agreed to be divided, into shares, the shares owned by any member being usually transferable without the consent of the rest. -- Joint tenancy (Law), a tenure by two or more persons of estate by unity of interest, title, time, and possession, under which the survivor takes the whole. Blackstone. -- Joint te…
NEGOTIABLE a.
Capable of being negotiated; transferable by assigment or indorsement to another person; as, a negotiable note or bill of exchange. Negotiable paper, any commercial paper transferable by sale or delivery and indorsement, as bills of exchange, drafts, checks, and promissory notes.
STOCK n.
iness; fund; in the United States, the capital of a bank or other company, in the form of transferable shares, each of a certain amount; money funded in government securities, called also the public funds; in the plural, property consisting of shares in joint-stock companies, or in the obligations of a government for i…