| 单词 | ordinary share |
| 释义 | ordinary share ordinary share A fixed unit of the share capital of a company. Shares in publicly owned quoted companies (seeplc; quotation) are usually traded on stock exchanges and represent one of the most important types of security for investors. Shares yield dividends, representing a proportion of the profits of a company (comparefixed-interest security; preference share). In the long term, ordinary shares, by means of capital growth, yield higher rewards, on average, than most alternative forms of securities, which compensates for the greater element of risk they entail. See alsoconvertible; growth stocks. |
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