common stock
Noun
AE
The residual equity in a company in that all other financial claims against the firm have priority over this class of equity, it typically entitling its holders to voting rights and preemptive rights and to dividends and liquidation proceeds after satisfaction of the claims of all creditors and preferred stockholders.
Synonym(s):
- common equity; common shareholders' equity; common stockholders' equity.
- [BE]: ordinary share capital.
Comment:
Stock is a mass word and correctly used in the plural form only when referring to the different stock of the different issuers.