Inventory Online Stock Software
Application Development & Maintenance (ADM)

The stock (also capital stock) of a corporation constitutes the equity stake of its owners. It represents the residual assets of the company that would be due to stockholders after discharge of all senior claims such as secured and unsecured debt. Stockholders' equity cannot be withdrawn from the company in a way that is intended to be detrimental to the company's creditors.

During the Roman Republic, the state contracted (leased) out many of its services to private companies. These government contractors were called publicani, or societas publicanorum as individual company. These companies were similar to modern corporations, or joint-stock companies more specifically, in a couple of aspects. They issued shares called partes (for large cooperatives) and particulae which were small shares that acted like today's over-the-counter shares. Polybius mentions that “almost every citizen” participated in the government leases. There is also an evidence that the price of stocks fluctuated. The Roman orator Cicero speaks of partes illo tempore carissimae, which means “shares that had a very high price at that time." This implies a fluctuation of price and stock market behavior in Rome.

"A stock derivative is any financial instrument which has a value that is dependent on the price of the underlying stock."

STOCK DERIVATIVES
  • STOCK DERIVATIVES
  • APPLICATION
  • MEANS OF FINANCING