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Stocks and Shares 1

some terms about the stock market

AB
go publicchange from a private company to a public limited company (PLC) by selling shares to outside investors.
stocks and sharescertificates representing part ownership of a company.
stockholders and shareholdersthe people who own stocks and shares.
listed or quoted companiescompanies who have gone public.
due diligencea detailed examination of a company and its financial situation.
prospectusa document inviting the public to buy shares, stating the terms of sale and giving information about the company.
financial resultsdetails about sales, costs debt (financial reports)
flotationan offer of a company's shares to investors (financial institutions and general public)
underwrite a stock issueguarentee to buy the shares if there are not enough other buyers.
ordinary shares (British English)common stocks (Am English)



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