Science Fair Project Encyclopedia
Share (finance)
In finance a share is a unit of account for various financial instruments including stocks, mutual funds, limited partnerships, and REIT's. In British English, the usage of the word share alone to refer solely to stocks is so common that it almost replaces the word stock itself.
A share is one of a finite number of equal portions in the capital of a company, entitling the owner to a proportion of distributed (not reinvested) profits (dividends) and to a portion of the value of the company in case of liquidation. Shares can be voting or non-voting, meaning they either do or do not carry the right to vote on the board or directors and corporate policy.
See also
External links
- Oldest share - the oldest share in the world (Voc 1606)
12-03-2008 10:22:39
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details