common stock

A class of stock entitling the holder to vote on corporate matters, to receive dividends after other claims and dividends have been paid (esp. to preferred shareholders), and to share in assets upon liquidation.

• Common stock is often called capital stock if it is the corporation’s only class of stock outstanding.

— Also termed ordinary shares. Cf. preferred stock. [Cases: Corporations 155. C.J.S. Corporations §§ 294, 302–303.]

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词条贡献者

译者Jeffrey，毕业于国内一流的高级翻译学院，擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。