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LSDefine

Simple English definitions for legal terms

Share

Read a random definition: Panduit test

A quick definition of Share:

Share: A part of money or other capital that someone owns. When people start a business together, they each put in a certain amount of money and own a share of the business. This means they get a part of the profits. Big companies can also sell shares of their business to people who want to invest. These people then own a part of the company and can vote on important decisions and get a part of the profits too.

A more thorough explanation:

A share is a specific portion of money or other capital. In business, partners usually contribute a specific share of capital to their partnership, and are then owed a share of the profits. For example, if two partners start a business and one contributes $50,000 while the other contributes $100,000, they would each own a different share of the business and would be entitled to a different share of the profits.

Corporations can also issue shares of capital stock to increase the size of their budget. Corporate shareholders then own a portion of the corporation, along with a right to vote and receive their portion of dividends. For example, if a corporation issues 1,000 shares of stock and someone buys 100 shares, they would own 10% of the corporation and would be entitled to 10% of the profits and voting rights.

These examples illustrate how a share represents a specific portion of ownership or investment in a business or corporation.

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General chat about the legal profession.
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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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