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WHAT'S A STOCK?
A share of stock is essentially a small piece of a publicly traded company that can be traded openly between different individuals. They can be traded on exchanges in most countries, but the largest exchanges, like the New York Stock Exchange (NYSE) are located in the United States. Stocks are identified by their ticker symbol, generally one to five characters. For example, International Business Machines is identified on its exchange as IBM.
Owning stock in a company also grants voting rights for some of the company's decisions, including elections for the Board of Directors - either at the annual meeting or by proxy.
For many years, stock ownership meant that an investor would receive a physical stock certificate, but in the digital world brokers keep the document "in street name" and investors receive a confirmation of ownership. It becomes the broker's responsibility to notify shareholders of corporate events, such as annual meetings.