Words / O / Law

ordinary shares

phrase

C1CEFR level
58/100Rarity: uncommon
TechnicalRegister

Shares carrying the standard voting and dividend rights and ranking after preference shares on a winding up.

Holders of ordinary shares bear the greatest risk but share in any surplus on liquidation.

Similar: common shares

Topic: Corporate law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Corporate law