Geared ordinary shares
Shares that get a dividend and get what is left of the assets on a winding up. Also known as Ordinary income shares.
Ordinary income shares
Shares that get a dividend and get what is left of the assets on a winding up. Also known as Geared ordinary shares.
Zero dividend preference shares
Zero dividend preference shares (ZDP) are Shares that will be redeemed at a fixed price at some defined point in the future (provided that sufficient assets are available). Their entitlement […]
Preference shares
Preference shares earn a preferred return, usually a fixed dividend, and usually also have a fixed entitlement on a winding up. They will usually get paid out before the ordinary shares […]
Redeemable shares
Shares designed to be bought back easily by a company (in practice, as rules around buy-backs have eased, Redeemable Shares are not much different to ordinary shares).
C share
Companies often classify different classes (=types) of shares using letters. C share is used most commonly to describe a new class of shares issued by an investment company. The C […]
Subscription share
An instrument that gives the holder a right but not the obligation to buy ordinary shares at a pre-determined price (the strike price or exercise price) on a given date […]
Strike price
The price at which an option, warrant or subscription share gives the right to buy an ordinary share also known as the exercise price
Exercise price
The price at which an option, warrant or subscription share gives the right to buy an ordinary share also known as the strike price
Warrant
An instrument that gives the holder a right but not the obligation to buy ordinary shares at a pre-determined price (the strike price or exercise price) on a given date […]
