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The evolution of the stock company

From the origins of money lending to the establishment of joint-stock companies and the stock exchange in London, England.

AB
usurymoney lending
joint-stock companyinvestors pool their resources for a major commercial undertaking
chartered companywas a joint-stock company that was also granted by the king
investorscan contribute variable amounts of money to fund a venture
sharewhat an investor gets when he puts up money for a venture
Stock Exchangewhat the brokers who arrange the deals in London, England called themselves
brokername for individual who makes the deal between buyer and seller
East India Companywas one of the first joint-stock companies set up in England
speculationis an intrinsic part of capitalism since capitalist must risk money in the hope of making more.
stockbrokinginvolves people who have not direct connection with the commodity or enterprise



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