EQUITIES

Often referred to as the shares of a company, equities are either listed (on a stock exchange) or via private equity (for non-listed companies). Ordinary shares entitle the shareholder to a proportionate share of the company’s profits, paid by way of dividends. Other rights also accrue, for example to attend the company’s annual general meeting, to nominate and appoint directors and have a limited claim or ownership in proportion to the number of shares owned.