A share is a single unit of ownership in a corporation, mutual fund, or other organization. A joint stock company divides its capital into shares, which are offered for sale to raise capital, termed as issuing shares. Thus, a share is an indivisible unit of capital, expressing the proprietary relationship between the company and the shareholder. The denominated value of a share is its face value: the total capital of a company is divided into number of shares. In financial markets, a share is a unit of account for various financial instruments including stocks, and investments in limited partnerships, and real estate investment trusts.
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  • Remington Rifle Class Action: Example of Successful U.S. Tort System

    … By Greg Webb, Jan. 19, 2016 A class-action settlement involving roughly 7.5 million (allegedly) defective Remington rifles has been delayed to give both parties a chance to come up with a better way to inform the public of dangers. The Remington Model 700 rifle has a safety-related design defect which causes the rifle to fire without anyone…

    Greg Webb/ MichieHamlett- 13 readers -