Difference between stocks & shares?
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wallie
Apprentice
Joined: 15 Apr 2005
Posts: 2
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 Posted: 02/14/08 - 11:44 Post subject: |
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| Hey. Is there someone here who can tell me about the difference between stocks and shares? I know its both to do with the stock market, but apart from that, its all Greek to me! I often hear people going on about stocks and shares. Perhaps it's even the same thing. I hope somebody can explain it to me. My dad has some shares in Microsoft. What does that mean? |
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isak
Apprentice
Joined: 09 Feb 2006
Posts: 2
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| Posted: 03/15/08 - 02:02 Post subject: |
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| Nowadays, its all a bit blurry and many people used the words stocks and shares interchangeably when they talk about the bits of paper that denote ownership of part of a company. In fact, stocks refers to any ownership certificates in any company, whereas shares means the certificates of a particular company. Its a minor difference really, and one that not many people understand. That your dad has shares in Microsoft, means that hes in part owner of that company! |
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