Secondary Capital Market


 
 
Concept Explanation
 

Secondary Capital Market

Kinds Of Shares:

Equity Shares:

Equity shares are also known as common stock or common shares. Equity holders are considered to be the actual owners of the company and their claim is known as residual claim.

Preference Shares:

Preference shares are those shares which are given preference as regards to payment of dividend and repayment of capital. Preference shareholders cannot exercise their voting rights on all the matters. They can vote only on the matters affecting their own interest.

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