This article will help you to learn about the difference between shares and stocks.
1. Nominal values:
Share has nominal value.
2. Fully paid-up:
Share need not necessarily be fully paid-up.
3. Transferability:
It is transferable as a whole.
4. Distinctive number:
It has distinctive number by which it is distinguished from other shares.
5. Issue:
It can be issued directly to the shareholders.
6. Member:
A holder of the share is a member of the company.
Stock
1. Nominal values:
It has no nominal value.
2. Fully paid-up:
Stock is always fully paid.
3. Transferability:
It can be transferred in sums of any amount.
4. Distinctive number:
It does not have such number but has a consolidated value.
5. Issue:
It cannot be issued directly.
6. Member:
The stockholder is not necessarily a member.