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BIOL 1003 (69)


2 Pages

Course Code
BIOL 1003
Elizabeth Nisbet

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What is equity Equity is the term commonly used to describe the ordinary share capital of a businessOrdinary shares in the equity capital of a business entitle the holders to all distributed profits after the holders of debentures and preference shares have been paid Ordinaryequity shares Ordinary shares are issued to the owners of a company The ordinary shares of UK companies typically have a nominal or face value usually something like 1 or 5Op but shares with a nominal value of 1p 2p or 2Sp are not uncommon However it is important to understand that the market value of a companys shares has little if any relationship to their nominal or face value The market value of a companys shares is determined by the price another investor is prepared to pay for them In the case of publiclyquoted companies this is reflected in the market value of the ordinary shares traded on the stock exchange the share priceIn the case of privatelyowned companies where there is unlikely to be much trading in shares market value is often determined when the business is s
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