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Ordinary income |
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Ordinary incomeThe income derived from the regular operating activities of a firm or individual.Ordinary income Similar MatchesOrdinary 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. Ordinary sharesOrdinary sharesApples mainly to international equities. Shares of non-U.S. companies traded in their individual home markets. Usually cannot be delivered in the US See: ADR. Ordinary interestOrdinary interestInterest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference. FT Ordinary Share Index (FT 30 Index)FT Ordinary Share Index (FT 30 Index)An index of the share prices of 30 leading companies in the UK selected to depict British Industry.Stock Exchange indices are designed to give investors an idea of the general movement of the stock markets and its overall value. By comparing the performance of their own portfolios with the performance of one of the Stock Exchange indices, investors can see how well they have done from a comparative point of view. In particular they can see whether they would have been better off putting their money in an index tracker fund.The main sub-indices of the FTSE Actuaries All-Share are:FTSE 100: the 100 largest quoted companies in the UKFTSE MID 250: the next largest 250 companiesFTSE A 350: combination of FTSE 100 and FTSE 250FTSE Smallcap: the remaining companies listed in the FTSE Actuaries All-Share indexFTSE A Fledgling: companies too small to qualify for the FTSE All-ShareFTSE AIM: companies trading on the Alternative Investment MarketTechMark: index of companies primarily involved in technologyThe companies in the FTSE Actuaries All-Share Index are also divided into 7 main industrial groupings:Mineral extractionGeneral industrialConsumer goodsServicesUtilitiesFinancialsInvestment trustsThese categories are divided further into 37 subcategories. Extraordinary positive valueExtraordinary positive valueA positive net present value. Further Suggestionsextraordinary general meetingextraordinary items Extraordinary item Extraordinary call ordinary trade |
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