Common Stock

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Common Stock

Evidence of participation in the ownership of a corporation that takes the form of printed certificates.

Each share of common stock constitutes a contract between the shareholder and the corporation. The owner of a share of common stock is ordinarily entitled to participate in and to vote at stockholders' meetings. He or she participates in the profits through the receipt of dividends after the payment of dividends on preferred stock. Shares of common stock are the Personal Property of their holder.

common stock

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. (See: corporation, stock, share, preferred stock)

See: kinship, relation
References in periodicals archive ?
According to the amended regulations, a person may, directly or indirectly, either by itself or together with persons acting in concert, hold up to fifty-one percent of the paid-up equity share capital or total voting power of an information utility up to three years from the date of its registration.
5% of Vodafone India's issued equity share capital from ETHL Communications Holdings Limited ("Essar") for approximately INR30.
If the Pre-IPO Placement is completed, the Issue size offered to the public would be reduced to the extent of such Pre-IPO Placement, subject to a minimum Issue size of 10% of the post-Issue paid-up equity share capital being offered to the public.
Its shares upon listing will be open to foreign ownership up to 20 per cent of the company's paid-up equity share capital, a senior company executive said in Abu Dhabi late on Sunday.
9 per cent equity share capital in the firm at the time of applying for the 2G licences.
Currently, M&M holds 51% of the equity share capital of MLDL.
The bank has also sought approval from government and RBI to increase the issued capital by raising additional equity share capital up to INR53.
44% of UTV's current paid-up equity share capital, has offered to buy all units currently held by the public for up to INR1,000 (USD22.
The paid-up equity share capital of the Company was ' 290 million and the Reserves and Surplus were approximately ' 9,351 million as at September 30, 2010.
67 per cent of equity share capital of PSPPPL, a plywood manufacturing facility, which is based in Rajkot (Gujarat).
10 per cent of Aluminium Bahrain's total outstanding equity share capital was sold by Mumtalakat, the investment company of the Kingdom of Bahrain.
New Delhi, Aug 20 (ANI): The Union Cabinet today gave its approval to enhance the equity share capital of Telecommunications Consultants India Limited (TCIL) in its joint venture company - Tamil Nadu Telecommunications Ltd.