In financial terminology, stock is the capital raised by a corporation, through the issuance and sale of shares. A shareholder is any person or organization which owns one or more shares of a corporation's stock. The aggregate value of a corporation's issued shares is its market capitalization.

In the United Kingdom, the word stock has a completely different meaning in finance, referring to a bond. It can also be used more widely to refer to all kinds of marketable securities. However, the usage of "share" (as in the stock issued by a corporation) is the same.

History

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The first company that issued shares was the Dutch East India Company in the early 17th century (1602).

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