A joint-stock company is a business entity where different stocks can be bought and owned by shareholders. Each shareholder owns company stock in proportion, evidenced by his or her shares (certificates of ownership). This allows for the unequal ownership of a business with some shareholders owning a bigger proportion of a company than others do. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.
In modern day corporate law, the existence of a joint-stock company is often synonymous with incorporation (i.e. possession of legal personality separate from shareholders) and limited liability (meaning that the shareholders are only liable for the company's debts to the value of the money they invested in the company). And as a consequence joint-stock companies are commonly known as corporations or limited companies.
Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and other countries which have adopted their model of company law, these are known as unlimited companies. In the United States, they are known simply as "joint-stock companies".
So you think my exterior seems a little out of focus
Because I don't talk in cliches that people try to use to stroke us
I don't care too much for clicks and gangs and little sewing circles
If you want a place in this rat race I say run out and join the circus
If you look inside my head
You will see things that you probably shouldn't see
Because my outside is off-center
But I guarantee it's stranger inside of me
Have you ever felt like pulling your insides out
Cause they're burning
You feel caged like an animal that wants to fuck
And you're yearning for something strange, unexpected
Unexplainable to happen