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LSDefine

Simple English definitions for legal terms

stock

Read a random definition: pure villeinage

A quick definition of stock:

A stock is a piece of ownership in a company. When a company is created, it is divided into shares, which are like pieces of a pie. Each share has a value, like $10. There are two types of stocks: common and preferred. They have different rules about voting, selling, and getting money back if the company closes. When a company wants to sell its stocks to the public, it has to follow some rules and register with the government. Then, people can buy and sell the stocks on a public market like the New York Stock Exchange or NASDAQ.

A more thorough explanation:

A stock is a type of investment that represents ownership in a company. When you buy a stock, you become a shareholder in that company and have a claim on a portion of its assets and earnings.

There are two main types of stocks:

  • Common stock: This is the most common type of stock. It gives shareholders the right to vote on company decisions and receive dividends (a portion of the company's profits).
  • Preferred stock: This type of stock typically doesn't give shareholders voting rights, but it does give them priority when it comes to receiving dividends and getting paid if the company goes bankrupt.

For example, let's say you buy 100 shares of Apple stock. You now own a small piece of Apple and have the right to vote on important company decisions, such as who sits on the board of directors. You also have the potential to receive a portion of Apple's profits in the form of dividends.

When a company goes public, it sells shares of its stock to the public for the first time. This is called an initial public offering (IPO). Once a company's stock is listed on a stock exchange, such as the New York Stock Exchange (NYSE) or the Nasdaq, anyone can buy and sell shares of that stock on the open market.

Overall, stocks can be a good way to invest your money and potentially earn a return. However, it's important to do your research and understand the risks involved before investing.

stirpes | stock certificate

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General

General chat about the legal profession.
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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.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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