Shares
81Institutional Shares — A class of mutual fund shares available for sale to investing institutions, either on a load or no load basis. With sizable minimum investments, usually around $500,000 or more, funds will typically waive any front end sales charges on these… …
82issued shares — Under the Companies Act 1985 shares may be issued by the company to shareholders in return for cash or other value equal to or greater than its nominal value. The authorised share capital shows the number and nominal value of shares that are… …
83redeemable shares — Under Chapter VII of Part V of the Companies Act 1985, a company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are cancelled. Redemption must normally be from… …
84redemption of shares — Under Chapter VII of Part V of the Companies Act 1985, a company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are cancelled. Redemption must normally be from… …
85authorized shares — Number of shares authorized for issuance by a firm s corporate charter. Bloomberg Financial Dictionary See also: shares authorized * * * authorized shares authorized shares ➔ Share * * * authorized shares UK US noun [plural] ► FINANCE …
86ordinary shares — Apples mainly to international equities. shares of non U.S. companies traded in their individual home markets. Usually cannot be delivered in the U.S. Bloomberg Financial Dictionary See: ADR. Bloomberg Financial Dictionary See equity shares.… …
87bonus shares — It is the issue of new fully paid up shares to existing shareholders on a pro rata basis. The impact of a bonus issue is to reduce the share price as the same market capitalisation of the company is spread over a larger number of shares, which in …
88non-participating shares — ➔ Share * * * non participating shares UK US noun [plural] ► FINANCE, STOCK MARKET shares in a company that pay a fixed rate of interest rather than a share of the company s profit: »With non participating shares you do not have the right to a… …
89fully-paid shares — UK US noun [plural] ► FINANCE, STOCK MARKET company shares for which investors have paid the total amount at which they were sold, rather than just part of the amount: »The developer agreed to make buyers members of the management company by… …
90primary shares — UK US noun [plural] ► FINANCE, STOCK MARKET a company s shares when they are made available for sale, rather than when they are traded later: »The company will sell 2.8 million primary shares and use the proceeds for general purposes, including… …
