what is the diference between share and a stock?
LAKSHMI DEVI (student) (79 Points)
11 October 2013what is the diference between share and a stock?
CA Pallav Singhania
(IT System Auditor)
(33362 Points)
Replied 11 October 2013
Distinction between share and share stock is as follows:
Share Stock A share may either be fully paid up or partly paid up.
Shares can be issued originally.
A share has a nominal value.
A share has a definite number which distinguishes it from other shares.
A share can be transferred only in its entirety or in its multiples only.
Shares can be issued by any company-public or private.
Whereas Stock can never be partly paid – up.
A company cannot make an original issue of stock.
A shock has no nominal value.
A shock has no such number.
Stock may be transferred in any fractions.
Stock is applicable only by public company limited by shares.