Equity securities: Difference between revisions

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[[Shares]] or [[stock]] in an undertaking evidencing ownership and not merely [[indebtedness]]. Shares are generally at the bottom of the [[capital structure]] — at any rate further down it that [[indebtedness]].
[[Shares]] or [[stock]] in an undertaking evidencing ownership and not merely [[indebtedness]]. Shares are generally at the bottom of the [[capital structure]] — at any rate further down it than a normal contract for [[indebtedness]] like a [[loan]] or a [[bond]].


{{Seealso}}
{{Seealso}}

Revision as of 10:34, 12 March 2018

Shares or stock in an undertaking evidencing ownership and not merely indebtedness. Shares are generally at the bottom of the capital structure — at any rate further down it than a normal contract for indebtedness like a loan or a bond.

See also