Instruments of business finance – Meaning and types of shares and debentures

Economics SSS 1 Third Term

WEEK 10  

Instruments of business finance – Meaning and types of shares and debentures

Performance Objectives

Student should be able to:

1. Identify and explain the instruments of business finance.

Content                       

Meaning and types of shares, debentures and other securities

The Definition of a Share

The definition of a share includes the capital or stock of a company. Each business has a share capital requirement. A share is a single unit within the entire capital of the company. A share is also a type of security. It is often measured by its liability and interest. Members that own shares of a company are referred to as shareholders. They are investors that have invested funds…