What was the process called in which individuals would pool resources and receive shares of profits from their investment?

Name: What was the process called in which individuals would pool resources and receive shares of profits from their investment?
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The process described is that of joint-stock companies, which allowed individuals to invest in a venture and receive dividends or shares of profits in return. This allowed for the pooling of resources and risk-sharing in business endeavors.

What Was the Process Called in Which Individuals Would Pool