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joint-stock company

n.
1.a company (usually unincorporated) which has the capital of its members pooled in a common fund

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    Idiom of the Day

    back-to-back
    something follows immediately after something else, two people touching backs
    There were two back-to-back games today because of the rain last week. We sat back-to-back during the contest.



    1.
    Building Societies currently find themselves in a ________ situation because they try to please the savers and also the borrowers and yet one group is always going to lose.

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