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Posted by sviechweg (MONEY FORUMS: 7, Answers: 0)
Asked on September 10, 2015 3:53 am
Stocks are certificates of ownership of a corporation. All corporations have stock, the owners of the stock are the owners of the corporation. If a corporation has ten million shares of stock outstanding and you own one share then you own one ten millionth of the corporation. If you own a small incorporated business then you own all the stock and are the sole shareholder. Stock in publicly held corporations are traded on exchanges, where individuals and others can sell stock in corporations and buy stock in others.