on shares
31allotted shares — Shares distributed by allotment to new shareholders (allottees). The shares form part of the allotted share capital. See also: issued share capital …
32term shares — Shares that cannot be sold for a given period (term). They are usually shares in a building society that cannot be cashed on demand and consequently carry a higher rate of interest …
33blocked quota shares — shares in a fishery that cannot be subdivided if transferred. The blocked quota has a size limit and the number of blocks an individual can own is limited in a given area. This ensures small units are available for purchase by new entrants to the …
34Performance shares — Shares of stock given to managers on the basis of performance as measured by earnings per share and similar criteria. A control device used by shareholders to tie management to the self interest of shareholders. The New York Times Financial… …
35performance shares — shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria. Bloomberg Financial Dictionary …
36registered shares — shares that are issued in a shareholder s name as the holder of record. Bloomberg Financial Dictionary …
37convertible shares — Shares (common/ordinary) that, at the option of the holder, can be converted into other securities, at a designated rate. The conversion privilege may be perpetual or limited to a specific period. Euroclear Clearing and Settlement glossary …
38penny shares — Shares that sells for just a few pence and are considered to be at a high risk and extremely volatile by most investors. Financial Services Glossary …
39convertible shares — Shares (common/ordinary) that, at the option of the holder, can be converted into other securities, at a designated rate. The conversion privilege may be perpetual or limited to a specific period …
40nil paid shares — Shares issued without payment, usually as the result of a rights issue …
