Please is stock same thing as shares??.
The whole thing is twisted in my head , I need clarification. Thanks
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Stocks and Shares are used interchangeably. Key Differences: * Stock is a general term for ownership (e.g., "I own MTN stock"). * Shares are the specific units (numbers) you own (e.g., "I own 10 shares of MTN"). * Measurement: Shares are used to count ownership in a specific, single company. Stock rRead more
Stocks and Shares are used interchangeably.
Key Differences:
* Stock is a general term for ownership (e.g., “I own MTN stock”).
* Shares are the specific units (numbers) you own (e.g., “I own 10 shares of MTN”).
* Measurement: Shares are used to count ownership in a specific, single company. Stock refers to the overall investment in a company or portfolio.
* Stock can represent ownership in multiple companies. Example: I own MTN, Zenith Bank and Dangote Cement stocks.
* Shares always represent a stake in one specific company. Example: I own 50 units of Zenith Bank shares.
Usage: You buy “shares” of a company, but you own “stock” in a company.
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