Saturday, 26 September 2015

DIFFERENCE BETWEEN SHARE AND STOCK



SHARE
STOCK
Has a nominal value
No Nominal value
May be fully paid or partly paid
Always fully paid
Can be transferred is whole numbers and not in fractions
Can be transferred in fractions
Each and every shares shall be of equal denomination
May be of unequal amount
Shares are identified with distinctive numbers
Do not have any distinctive numbers
Can be issued directly to the public
Only fully paid up shares can be converted in to stock and cannot be issued Directly

No comments:

Post a Comment