share
A share is 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.
[Last reviewed in June of 2024 by the Wex Definitions Team]
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