Most of the shares traded on the London Stock Exchange are ordinary shares. Owning them entitles you to dividends but in the event of the company being wound up these shares come at the bottom of the pile, after bonds and preference shares.
The most common form of share. The holders are the owners of the company and receive dividends which vary in amount in line with the profitability of the company and recommendation of directors. Also referred to as "equity".
a fixed unit of the share capital of a company