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LSDefine

Simple English definitions for legal terms

Share

Read a random definition: peine forte et dure

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.

Sham transaction | shared custody

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General

General chat about the legal profession.
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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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