Equity ownership in a corporation, entitling the owner to share in the profits of the corporation.
Definition from Nolo’s Plain-English Law Dictionary
1) A proportional ownership interest of a corporation's capital, represented by shares (equal units of ownership). 2) Inventory (goods) of a business meant for sale.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:25 pm