Stock

Stock is a type of share which is issued by a joint-stock company. The holder of a stock has the right to receive a share of the company’s profit. Moreover, if the joint stock company folds, the owner of the shares has the right to demand part of the company’s assets. The stock can be divided into common and privileged. Those who have common stock receive both profit and can take part in the running of the organization. Owners of privileged stock can’t influence the decisions of shareholders during meetings but still get a large percentage of the profits.