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Gamma shares |
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Gamma sharesA term previously given to the shares of smaller companies traded far less frequently on the London Stock Exchange than alpha and beta shares. These terms were replaced by the normal market size classification in January 1991.Similar MatchesIdentified sharesIdentified sharesStock or mutual fund whose purchase date and price may be identified for capital gains and tax purposes when shares sold. Capital sharesCapital sharesShares which entitle the holder to receive the capital appreciation from a split capital investment trust. The other type of shares in such a fund are income shares which receive the fund's income. Income sharesIncome sharesShares bought in anticipation of an above average income being produced. Also referred to as high yield shares. All this really means is that the investor chooses shares in companies that have a history of paying consistently high dividends. There is no guarantee that the companies will continue to provide the same level of dividends in the future.Those shares in a split capital investment trust which receive most or all of the trust's income. The other class of shares (capital shares) get the benefit of the trust's capital growth Capital sharesCapital sharesOne of two types of shares in a dual-purpose investment company, which entitle the holder to the appreciation or depreciation in the value of a portfolio, as well as the gains from trading in the portfolio. Antithesis of income shares. Ordinary sharesOrdinary sharesCompanies are incorporated with an authorised share capital - for instance 1,000 ordinary £1 shares. They do not have to issue all the authorised shares, but can issue as many as they like up to the authorised number.Once issued the shares can be traded either privately or on an exchange if the company has listed them. The price at which they trade will have nothing to do with the par value, but will be determined by market forces. Broadly speaking, if there are more willing buyers than sellers, the price will rise; if there are more sellers than buyers, it will fall.Shares usually come with a right to vote at the company's Annual General Meeting, and an entitlement to a share of dividends declared. They are, however, unsecured. This means that shareholders are last in the queue if a company goes bust and has to sell off its assets. If the amount realised is enough to pay off all creditors, the shareholders may salvage something. If it isn't, the shares will be worthless. Further Suggestionsparticipating preference sharespreference shares recovery shares bearer stocks/shares beta shares permanent interest bearing shares Class A or Class B shares nil paid shares redeemable preference shares Treasury Shares delta shares Shares authorized Performance shares Paired shares alpha shares guilder shares (New York Shares) partly paid shares Outstanding shares American shares cumulative preference shares Fully diluted earnings per shares Common shares stepped preference shares penny shares Equal shares swap |
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