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What is Meant by a 'Share - Accountancy

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Question

What is meant by a 'Share

Solution

A company is an entity incorporated by a group of persons through the process of law and has a share capital divided into shares, the owners of which are referred to as members or shareholders. Share here refers to a unit into which the share capital of a company is divided. It includes the stock of the company and represents ownership claims on business.

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2017-2018 (March) Delhi Set 1

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