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LSDefine

Simple English definitions for legal terms

shareowner

Read a random definition: open letter of credit

A quick definition of shareowner:

A shareowner, also known as a shareholder, is someone who owns a part of a company. This means they have a share or shares in the company, which can give them certain rights, such as voting on important decisions. There are different types of shareholders, such as controlling shareholders who have a lot of power in the company, and minority shareholders who have less power. Sometimes, there are also dummy shareholders who own shares on behalf of someone else.

A more thorough explanation:

A shareowner, also known as a shareholder, is a person or entity that owns or holds a share or shares in a company, particularly a corporation. This means that they have invested in the company and own a portion of it.

For example, if someone owns 100 shares of stock in a company that has a total of 1000 shares outstanding, they are a shareowner with a 10% ownership stake in the company.

There are different types of shareowners, including:

  • Controlling shareholder: A shareholder who owns enough shares to influence the corporation's activities.
  • Dummy shareholder: A shareholder who owns stock in name only for the benefit of the true owner, whose identity is usually concealed.
  • Majority shareholder: A shareholder who owns or controls more than half of the corporation's stock.
  • Minority shareholder: A shareholder who owns less than half of the total shares outstanding and cannot control the corporation's management or elect directors on their own.

These examples illustrate how shareowners can have different levels of influence and control over a company based on the number of shares they own.

shareholder voting agreement | shares outstanding

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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