Latin: In old English law. Stock; a stock; a source of descent or title. Communis stipes, the common stock. Fleta, lib. 6, c. 2. … [Read more...] about STIPES
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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
STIPITAL
Relating to stirpes, roots, or stocks. "Stipital distribution" of property is distribution per stirpes; that is, by right of representation. … [Read more...] about STIPITAL
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
STIPULATED DAMAGE
Liquidated damage agreed to in a contract. … [Read more...] about STIPULATED DAMAGE