Stock - Page 2 - Law Dictionary

phantom stock plan

phantom stock plan : a form of executive compensation in which an employee is granted units representing shares of stock which are redeemable at a specified future date for the market value of an equivalent number of corporate shares but which in the interval are nontransferable, have no cash value, and confer none of the noneconomic rights (as voting) conferred by ordinary stock ...

reverse stock split

reverse stock split : a method of increasing the value of shares of corporate stock by calling in all outstanding shares and reissuing fewer shares having greater value compare stock split ...

Colonial Stock Acts (English)

Colonial Stock Acts (English). Colonial stocks were not authorised as trustee investments by the Trustee Act, 1893, but by the Colonial Stock Acts of 1877, 1892, 1900 and 1934. Colonial stocks registered in the United Kingdom, and with respect to which certain prescribed conditions have been observed, are (unless expressly forbidden by the instrument of trust: Trustee Act, 1925, s. 1 (o) available as investments for trustees; see Colonial Stock Act, 1900 (63 & 64 Vict. c. 62), and subsequent Acts; Re Maryon-Wilson, (1912) 1 Ch 55...

Preferential or preference shares or stock

Preferential or preference shares or stock, shares or stock in a company having priority as to payment of dividends of a fixed amount, and, in some cases, of capital upon a winding-up, over the ordinary shares. The dividends are usually contingent upon the profits of each year or half-year. In some cases, however, the arrears of dividend form an accumu-lating debt by the ordinary to the preference shareholders, the preference being in that case described as a 'non-contingent' or a 'xumulative' preference. And see DEFERRED STOCK....

Railway Rolling Stock Protection Act, 1872

Railway Rolling Stock Protection Act, 1872 (English) (35 & 36 Vict. c. 50), protects from distress by a landlord rolling stock not being the property of the tenant. The (English) Railway Companies Act, 1867 (30 & 31 Vict. c. 127), s. 4, and the Railway Companies (Scotland) Act, 1867 (30 & 31 Vict. c. 126), s. 4, protect all rolling stock from execution....

Stocks

Stocks. Two boards each with semi-circular holes, fitting together within posts, and padlocked together so as to confine the legs of a person just above the feet, anciently maintained at a public spot in every parish as a mode of ignominious confinement for petty offences. For drunkenness it was prescribed in default of distress for a fine, by 21 Jac. 1, c. 7, s. 4 (not repealed until 1872 by the Licensing Act of that year), and similarly for Sunday trading by the Sunday Observance Act, 1677 (still unrepealed). See SUNDAY.The punishment of the stocks began to be disused about the beginning of the nineteenth century, but has not been expressly abolished; and stocks have been preserved in some country villages and towns; e.g., at Woodeaton in Oxfordshire and in the Town Hall of Much Wenlock in Shropshire....

common stock

common stock see stock ...

stock options

stock options A type of retirement plan in which employees have the opportunity to purchase stock in the company for which they work ...

cumulative preferred stock

cumulative preferred stock see stock ...

Recognised stock exchange

Recognised stock exchange, means a recognised stock exchange as referred to in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and which fulfils such conditions as may be prescribed and notified by the Central Government for this purpose. [Income Tax Act, 1961 (43 of 1961), s. 43(5)(ii)]...

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