Definition of ordinary share in US English:
ordinary share
nounˈɔrdnˌɛri ʃɛ(ə)rˈôrdnˌerē SHe(ə)r
British A share entitling its holder to dividends that vary in amount and may even be missed, depending on the fortunes of the company; common stock.
Example sentencesExamples
- The company retained an after-tax surplus in 2002 of €1,659,135, following dividends paid on ordinary shares.
- According to Netinvest's website, it holds 1.36 million loan notes in Voxpilot, almost 600,000 ordinary shares and 100 preference shares.
- His holding is now 425,879 ordinary shares and 623,334 share options.
- Payment will be made to the holders of ordinary shares in the company at the close of business on 15 October 2004.
- Last week multinational software company SAP, which is based in Germany, announced that it is converting its preference shares into ordinary shares in order to boost liquidity.