September 2015
Beginner
200 pages
4h 9m
English
A share is simply part-ownership of a business. A company can raise money to finance its business by ‘going public’. Going public means being listed on a stock exchange and issuing shares to investors. When you buy shares in a company, you own part of that company.
The money that a company raises in the sharemarket is called ‘equity capital’. Unlike debt capital, which is borrowed money, equity capital does not need to be repaid as it represents continuous ownership of the company.
As a shareholder you have certain rights and obligations, and you also share in the risks associated with the fortunes of that company.
Shares in a listed company can be sold to other investors on the sharemarket. ...
Read now
Unlock full access