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A share

 

A resource such as a file, folder or printer, that has been made sharable with other users on the network. See share-level security and Win Sharing files.

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1. unit of equity ownership in a corporation. This ownership is represented by a stock certificate, which names the company and the shareowner. The number of shares a corporation is authorized to issue is detailed in its corporate charter. Corporations usually do not issue the full number of authorized shares.

2. unit of ownership in a mutual fund.
See also investment company.

3. interest, normally represented by a certificate, in a general or Limited Partnership.

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1. Percentage of households in a specific geographic area with television sets tuned to a particular program as compared to the percentage of households with television sets turned on (HUT-see households using television). In an area where only 10 television sets are turned on and 5 are tuned to a particular program, the program would have a share of 50. However, a program share of 50 means nothing without knowing the possible size of the audience. The program rating will tell this information. If there are 100 television households in this same geographic area, the rating for this particular program would be 0.5, indicating that 5 out of a possible 100 households have their sets tuned in to the program. Advertisers need to know both the program share and rating in order to determine the most effective placement of their commercials. Therefore, share and rating are key concepts in understanding the planning of broadcast media for advertising.

2. see audience share.

3. see brand share.

In a family of multi-class mutual funds, this is the class that is usually characterized by a loaded fee structure. Class A mutual fund units will commonly have a front- or rear-end load, to compensate for the sales person's commission. Not all fund companies follow this class structure; however, it is the prominent method of distinction.

Investopedia Says:
Typically, the class A fund has a lower management expense ratio compared to the other classes within the same family. This is due to the load that is added to the acquisition cost, or redemption.

Related Links:
Do you understand how the various types of shares differ? We give you the pros and cons of each. The ABCs Of Mutual Fund Classes
Learn about the basics - and the pitfalls - of investing in mutual funds. Mutual Fund Basics Tutorial
The lower the sales charge you pay, the greater your returns. Find our how to cash in. Break Free Of Fees With Mutual Fund Breakpoints


:For the A share traded on the Shanghai and Shenzhens stock exchanges, see A share (mainland China).


In finance the term A share has two distinct meanings, both relating to securities.

  • The first is a designation for a 'class' of common or preferred stock. A shares of common or preferred stock typically have enhanced voting rights or other benefits compared to the other forms of shares that may have been created. The equity structure, or how many types of shares are offered, is determined by the corporate charter.
  • The other distinct meaning is a relatively standard way of pricing sales charges (loads) on mutual funds in the United States. In an A share, the sales load is up front, typically at most 5.75% of the amount invested. In contrast is the B share that does not have an upfront charge, but instead has higher ongoing expenses in the form of a higher 12B-1 fee, and a contingent deferred sales charge that only applies if the investor redeems shares before a specified period. The maximum A share sales load is decreased for larger investment amounts as a volume discount.

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