Share
From ACT Wiki
Capital instruments.
A share in a company is a proportionate ownership right in the company.
Its main features normally include:
- A right to a proportion of any residual assets of the company on a liquidation.
- A right to receive any dividends declared.
- A right to vote in general meetings of the company.
- An obligation to subscribe equity capital of a fixed amount per share.
Historically, shares were evidenced by paper certificates.
More commonly, they are now recorded in electronic form.
See also
- Allotment
- Bond
- Common stock
- Concert party
- Control
- Dilution
- Dividend
- Equity
- Equity capital
- Equity market
- FA 1985 Pool
- Flowback
- Gilts
- Issued share capital
- Liquidation
- Listing
- Ordinary shares
- Paper
- Preference shares
- Residual assets
- Security
- Share capital
- Shareholder
- Shareholder value
- Stock
- Stock exchange