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Shares - See Ordinary shares, Preference shares, Securities.
Certificates or book entries representing ownership in a corporation or similar entity.
Certificates representing ownership in a corporation.
Shares are issued by a company to raise money. Unlike bonds, which are a straightforward loan, shares give you ownership of part of the company. Most shares are listed on a stock exchange, which makes them easy to buy and sell, although dealing costs may be expensive, which is another attraction of investing in a unit trust as the costs are shared with lots of others.