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stockIn botany, any of a group of herbaceous plants commonly grown as garden ornamentals. Many cultivated varieties, including simple-stemmed, queen's, and ten-week stocks, have been derived from the wild stock (M. incana); night-scented (or evening) stock (M. bicornis) becomes aromatic at night. (Genus Matthiola, family Cruciferae.) stockIn the US, each share of stock represents proportional ownership in a corporation. Once offered by a corporation going public, stock can be bought and sold on a stock exchange, but the corporation has no obligation to buy it back. Sold to raise capital, stock gives the holder specified rights, including the right to examine the books and the right to vote for the directors. Dividends can be paid, in cash or in stock, when the corporation declares a profit. stock
stock
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The AICPA has issued a Practice Aid entitled Valuation of Privately-Held-Company Equity Securities Issued as Compensation, in large part to deal with what is often called the "cheap stock" issue. This month the AICPA will release a new practice aid titled Valuation of Privately-Held-Company Equity Securities Issued as Compensation (No. The Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB), and the Office of the Comptroller of the Currency (OCC) announced on July 28, 2003, a new interagency electronic filing system that will allow faster and easier submission and public retrieval of beneficial ownership reports filed by directors, officers, and principal shareholders of institutions (insiders) whose equity securities are registered with the FDIC, the FRB, and the OCC. |
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