Commerce: Shares
Share certificate. Image credit genafashion.com ZIMSEC O Level Commerce Notes: Shares
Shares
- A share is a unit of capital.
- Business capital is divided into several units.
- Owners of shares are called shareholders.
Types (Classes) of shares
Ordinary shares
- Are also known as equities.
- Receive dividends at variable rates which depend on profits made.
- Receive […]