315
to buy stock for a number of years at or below the share price
when the option was granted. This is an added incentive for
executives to maximize company profit and increase share
prices.
stock split: corporations do this to make shares more
affordable. They multiply the number of shares, while
keeping the aggregate value of stock even. In a 2-for-l
split of shares worth $50, an investor would have twice as
many shares as he had, but each would be worth $25.
stockbroker: person in charge of a client's stock trades. If the
stock is traded on an exchange, the broker relays buy and sell
orders to representatives on the exchange floor. Full-service
brokers give advice on which stocks to buy; discount
brokers generally charge less, but usually don't offer
advice.
Dostları ilə paylaş: