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Question
SHARE STOCK
Answer in Brief
Solution
S.r | SHARE | STOCK |
1. | Meaning A small part of the total share capital of a company. |
A bundle of fully paid up shares converted into a fund for convenience. |
2. | Paid-up value share can be partly or Fully paid up. | Stock is always fully paid up. |
3. | Original issue Shares are issued originally. |
It always comes into existence by converting fully paid shares. In can never be issued initially. |
4. | Transfer Shares can never be transferred infractions. |
Stocks can be transferred in any fraction. |
5. | Who can issue Public as well as Private companies can issue shares. |
Only Public companies can issue stock and not private companies. |
6. | Distinctive number Shares have distinctive numbers. |
Stock does not have any distinctive numbers. |
7. |
Consent of members |
Member’s Consent is a must while issuing stock. |
8. |
Face Value |
Stock does not have any specific value |
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