- Shares are issued by businesses (usually companies)
- Shares form part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his money only by selling to another investor.
- Most shares earn dividends, at the business' discretion, depending on how well it has traded.,
- A shareholder is a part-owner of the business.
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The Scripophily Guide by Howard Shakespeare. Reprinted with permission from International Bond & Share Society