C

Calls An instalment called up by a company on contributing or partly paid shares. A legal liability for shareholders of other than a "No Liability" company.
Capital Gain/ Loss Profit/loss made on the sale of a capital asset.
Closing Price The price of a share or security at the end of a day's stock market trading.
Class of Shares A document recording a loan and specifying the date of maturity and the rate of interest to be paid.
Commission A fee charged for the broker's services. Also called brokerage.
Companies Act 1965 The Act of Parliament that governs companies.
Company A separate legal entity, incorporated under the Companies Act 1965, carrying on a business or trade. A company may be private or public, limited by shares or unlimited, or limited by guarantee.
Contract Note Document sent by brokers to clients of a purchase or sale of shares. It confirms the transaction, giving details of price, brokerage, stamp duty and clearing fee.
Cum A prefix meaning "with". A share quoted "cum-dividend" means the buyer is entitled to a dividend currently attaching to it, similarly with cum-rights and cum-bonus.
top