a share is the interest of a shareholder in the company measured by a sum of money, for the purpose of a liability in the first place,and of interest in the second ,but also consisting of a series of mutual covenants entered into by all shareholders mike i understand that share is interest of sharehoder in company but i can not this definition please explain it simply
When you become a shareholder in a company it is as though you have entered into a contract with every other shareholder individually and collectively and with the company itself and the company has entered into a contract with every shareholder and every shareholder has entered into a contract with every other shareholder