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)

References in periodicals archive ?
Some 93 per cent reported the most common issue raised as the subject of a formal disciplinary hearing would be 'general misconduct', with 43 per cent saying this was frequent and 50 per cent describing it as occasional.
Unite - which provides a mediate service is a charity and has no connection with the Unite trade union - has found that noise is one of the most common issues between neighbours.
Chief Pierre Pelletier said "it's exciting that the (chiefs) are banding together to take on common issues such as the transmission line from Nipigon to Little Jack-fish.
Sarkozy also said France expects its ties with Japan to deepen under the new government led by Hatoyama and hopes that the two countries will promote understanding on common issues facing the global community, such as aid to developing nations and climate change.
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The three common issues with which Waterman & Associates will continue to assist include:
Davutoglu said he would meet Azeri officials, including President Ilham Aliyev, and discuss "common issues."
Additional information on project personnel, forms, and large multiplayer online games incorporates new interviews with industry experts and real-world examples of what works and common issues in game development.
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Aspatore Books (Boston, MA) will release "Common Issues in IP Law" in June.
Members of similar organisations from across Europe attended the event to discuss common issues that young people who live in rural areas face, identify the barriers to participation and encourage young people to play an active part in their societies.
The Court unanimously upheld the certification, stating, "A plaintiff must establish that a class is capable of being defined by objective criteria that will permit the identification of potential class members without reference to the merits of the claim, and that there is a rational connection between the proposed class definition, the proposed cause of the action and the proposed common issues." The Court ruled that the plaintiffs in this case met these requirements.