Stock corporation


Stock corporation

A stock corporation is a for-profit corporation which the ownership of the corporation is expressed by shares of stock. This allows for the ownership of the corporation to be readily determined, as shares are property, and are transferrable as any other property such as money, subject to any conditions imposed such as restriction on resale. The owner of the shares of a corporation is a stockholder. If a stockholder owns at least 50% of a corporation's voting shares, plus one share, they have a controlling interest in the corporation, since they have more votes than all other owners combined.


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • stock corporation — The ordinary private corporation with a capital stock divided into shares. People ex rel. Winchester v Coleman, 133 NY 279, 31 NE 96. See stock insurance company …   Ballentine's law dictionary

  • Non-stock corporation — A non stock corporation is a corporation that does not have owners represented by shares of stock. [1] That type of corporation is called a stock corporation. Instead, a non stock corporation typically has members, who are the functional… …   Wikipedia

  • joint-stock corporation — joint stock corporation, a corporation whose shares are transferable …   Useful english dictionary

  • corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… …   Law dictionary

  • stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… …   Black's law dictionary

  • Corporation — This article is about business corporations. For other uses, see Corporation (disambiguation). Corporate redirects here. For the Bollywood film, see Corporate (film). A corporation is created under the laws of a state as a separate legal entity… …   Wikipedia

  • corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… …   Black's law dictionary

  • corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… …   Black's law dictionary

  • Stock — For capital stock in the sense of the fixed input of a production function, see Physical capital. For other uses, see Stock (disambiguation). Financial markets Public market Exchange Securities …   Wikipedia

  • stock — n 1 a: the equipment, materials, or supplies of a business b: a store or supply accumulated; esp: the inventory of the goods of a merchant or manufacturer 2: the ownership element in a corporation usu. divided into shares and represented by… …   Law dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.