Ordinary Share Capital
- Ordinary shares represent ownership in a limited liability company. Shareholders are entitled to dividends when they are declared by the company board of directors. Shareholders also have the last claim on the assets and income, after other creditors and holders of senior debt have been paid. They appoint and approve the company directors and usually have one vote for each share they hold. Ordinary shares are the most widely traded of all securities because of continuing market liquidity and the ease of ownership transfer from one investor to another. Ordinary shares are known as common stock in the US.► See also Preference Share.
Financial and business terms. 2012.
Look at other dictionaries:
ordinary share capital — The total share capital of a company consisting of ordinary shares … Accounting dictionary
ordinary share capital — The total share capital of a company consisting of ordinary shares … Big dictionary of business and management
ordinary share capital — /ˌɔ:d(ə)n(ə)ri ʃeə ˌkæpɪt(ə)l/ noun the capital of a company in the form of money paid for ordinary shares … Dictionary of banking and finance
ordinary share — Brit. a share of common stock. [1865 70] * * * ˌordinary ˈshare [ordinary share] noun a fixed unit of a company s capital. People who own ordinary shares have voting rights in the company … Useful english dictionary
ordinary share — A fixed unit of the share capital of a company. Shares in publicly owned quoted companies (see plc; quotation) are usually traded on stock exchanges and represent one of the most important types of security for investors. Shares yield dividends,… … Big dictionary of business and management
ordinary share — /ˈɔdənri ʃɛə/ (say awduhnree shair) noun 1. one of the series of shares into which the capital of a company is divided, which rank for dividends after preference shares and before deferred shares, if any such are in issue; common share. 2. a… … Australian English dictionary
authorised share capital — Under the Companies Act 1985 shares may be issued by the company to shareholders in return for cash or other value equal to or greater than its nominal value. Shares in the authorised share capital are available to be issued. The issued share… … Law dictionary
equity share capital — Fin a company’s issued share capital less capital which carries preferential rights. Equity share capital normally comprises ordinary shares … The ultimate business dictionary
preference share capital — UK US noun [U] US also preferred capital) FINANCE, STOCK MARKET ► money that a company has from selling preference shares. Shareholders with these shares must be paid before those with ordinary shares when a company is paying dividends or if it… … Financial and business terms
increase in share capital — Under the Companies Act 1985 a company may increase its authorised nominal share capital by ordinary resolution. The total cash amount is increased by creating new shares with an aggregate capital amount. New shares cannot be issued if, by doing… … Law dictionary