- common stock
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n.Shares of ownership of a company. See also preferred stock
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- common stock
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A class of stock for which dividends (payouts) are calculated on a pro rata basis (according to the number of shares a shareholder owns). Holders of common stock have rights to vote on corporate matters and to receive a share of the assets if the corporation is liquidated. Compare: preferred stockCategory: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- common stock
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Evidence of participation in the ownership of a corporation that takes the form of printed certificates.
Dictionary from West's Encyclopedia of American Law. 2005.
- common stock
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Evidence of participation in the ownership of a corporation that takes the form of printed certificates.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- common stock
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n.stock in a corporation in which dividends (payouts) are calculated upon a percentage of net profits, with distribution determined by the board of directors. Usually holders of common stock have voting rights. These are distinguished from preferred stock in which the profits are a predetermined percentage and are paid before the common shareholders who gamble on higher profits, and collectively have voting control of the corporation.
Law dictionary. EdwART. 2013.