Equity securities: Difference between revisions

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{{eqderivanat|1.14}}
{{a|glossary|}}{{eqderivanat|1.14}}
[[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]].
[[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]].


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