Section 1
Defining Stock
Book
Version 3
By Boundless
By Boundless
Boundless Finance
Finance
by Boundless
2 concepts
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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.
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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.