Share
A specific portion of money or other capital. Business partners usually contribute a specific share of capital to their partnership, and are then owed a share of the profits. Corporations can also issue shares of capital stock to increase the size of their budget; corporate shareholders then own a portion of the corporation, along with a right to vote and receive their portion of dividends.
Definition from Nolo’s Plain-English Law Dictionary
1) A portion of a benefit from a trust, estate, claim, or business. 2) A portion of ownership interest in a corporation, represented by a stock certificate.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:24 pm
