Stock*

2015 07 01 | Category: Offshore Glossary

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Stock*
Stock signifies an ownership or equity, in a corporation, indicated by shares, which represent a piece of the corporation’s assets and earnings. It may be represented by a certificate and can be common or preferred, voting or non-voting, redeemable, convertible, etc. The classifications and special designations of the stock must be stated in the articles of incorporation. Also called Equities or Equity Securities or Corporate Stock.


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