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common stock |
Also found in: Legal, Financial, Acronyms | 0.03 sec. |
common stock n
(Economics, Accounting & Finance / Stock Exchange) the US name for ordinary shares ThesaurusLegend: Synonyms Related Words Antonyms
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| If, contrary to probability, it should be admitted by all the States, that each had a right to a share of this common stock, there would still be a difficulty to be surmounted, as to a proper rule of apportionment. At this council every one deposited a certain quantity of money to a common stock, for the necessary expense of buying forage on the way, where it was not otherwise to be had, and for satisfying the guides, getting horses, and the like. This excellent result is effected by societies for all manner of virtuous purposes, with which a man has merely to connect himself, throwing, as it were, his quota of virtue into the common stock, and the president and directors will take care that the aggregate amount be well applied. |
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