Home >  Term: Joint Stock Trading Companies
Joint Stock Trading Companies

These companies were given the right to develop trade between England and certain geographic regions, such as Russia or India. Investors would pool their capital, in return for shares of stock, to underwrite trading ventures. One such company, the Virginia Company, failed to secure profits for its investors but laid the basis for the first major English colony in the Americas.

0 0

Creator

  • TJR
  •  (Bronze) 331 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.