Share Capital and Types of Shares — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares2 Marks
Question
Give the meaning and definition of Share.
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Answer
Meaning : A part or portion of larger amount of owner’s capital which is divided into small parts, each of the parts is called share. Definition: As per the Company Act 2013, ‘Share’ means one part of capital which also include stock. Company divides its capital in small parts. That part is known as share.
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