common stock

/K AA1 M AH0 N S T AA1 K/
noun
  1. 1

    Shares of an ownership interest in the equity of a corporation or other entity with limited liability entitled to dividends, with financial rights junior to preferred stock and liabilities.

    Common stocks are trading below preferreds in these bad times.

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Source: https://en.wiktionary.org/wiki/common%20stock