Section 1
Defining Stock
Book
Version 3
By Boundless
By Boundless
Boundless Finance
Finance
by Boundless
2 concepts
Ownership Nature of Stock
The stock of a company represents the original capital paid into the business by its founders and can be purchased in the form of shares.
Control and Preemption
Shareholders have the right of preemption, meaning they have the first chance at buying newly issued shares of stock before the general public.