descents. This is a metaphorical expression which designates, in the genealogy of a family, the person from whom others are descended: those persons who have so descended are called branches. Law Dictionary - Alternative Legal Definition In mercantile law. The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense. The capital of a merchant or … [Read more...] about STOCK
STOCK OPTION
A right granted to purchase stock in the future at a specified price. If the option owner chooses to exercise the option, he or she must pay the purchase price of the shares and request their issuance by the corporation. … [Read more...] about STOCK OPTION
STOCK CERTIFICATE
A printed document that represents proof of ownership of shares of stock of a corporation. The certificate is signed by the authorized officers of the corporation and contains the name of the corporation, the number of shares of stock that are represented by the certificate, the registered number of the certificate, the shareholder's name and issuance date. … [Read more...] about STOCK CERTIFICATE
STOCKHOLDER
A person who owns shares of stock in a corporation or Joint-stock company. See Mills v. Stewart, 41 N. Y. 386; Ross v. Knapp, etc., Co., 77 111. App. 424; Corwith Culver, 69 111. 502; Hirsh-feld v. Bopp, 145 N. Y. 84, 39 N. E. 817; State Hood, 15 Rich. Law (S. C.) 180. The owners of shares in a corporation which has a capital stock are called "stockholders." If a corporation … [Read more...] about STOCKHOLDER
STOCK SPLIT
When a stock is at a high price, a common practice is to split the shares by offering two shares for one and thus reducing the price of each share by 50%, making it potentially more marketable and salable at a lower price. … [Read more...] about STOCK SPLIT