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Glossary entry · What you own
Share
Definition
One unit of stock in a company. The terms "share" and "stock" are often used interchangeably — technically, "stock" is the asset class and a "share" is one unit of it. Companies issue millions or billions of shares.
Example
Apple has roughly 15 billion shares outstanding. Owning one makes you ≈0.0000003% of Apple.
Related
What you own
Stock
A share of ownership in a company. You profit if the company grows; you lose if it falters.
Read →Bond
A loan you make to a government or company. They pay you interest, then return your money.
Read →ETF
A basket of many investments — often hundreds — bought in a single transaction.
Read →Index
A representative basket of a market — like the S&P 500 or the IBEX 35.
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