9
Legal English (Subject) / Unit 3 (Lesson)
- debenture (UK) instrument issued under seal which evidences a debt or securityfor a loan of a fixed sum of money; a long-term debt not secured byany particular asset, but rather by the general earning capacityof the company; (US) unsecured debt
- dividend distribution of company profits to its shareholders
- equity/ ordinary share / common stock or share shares that carries voting rights and dividend entitlements, which are the most commen form of shares
- loan capital form of longterm borrowing Kredit
- pre - emption - rights UK pre - emptive - rights US rights of shareholders to maintain their proportionate ownership in a company by purchasing newly issued stock before it is offered to the public Vorkaufsrecht
- preference share UK preferred stock US shares that are given preference in dividend and entitlements over ordinary share but usually do not carry any voting rights
- right issues offer to existing shareholders to purchase additional new shares in the company
- subscriber person who has purchased stock in the company by an aggreement
- supervisory board a board of management of which nonmanagerial workers aremembers, having supervisory powers over some aspects ofmanagement decision-making
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