crim. law. A machine commonly made of wood, with boles in it, in which to confine persons accused of or guilty of a crime. 2. It was used either to confine unruly offenders by way of security, or convicted criminals for punishment. 3. This barbarous punishment has been generally abandoned in the United States. Commerce. Shares of stock in various companies, a portfolio, e.g. … [Read more...] about STOCKS
STOCKS
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
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 MARKET
See also stock exchange; a marketplace where stocks, bonds, securities and commodities are sold. … [Read more...] about STOCK MARKET
