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Stock imparts ownership in a corporation.
Ownership in a corporation is typically imparted through the ownership of shares of stock in the company. Shareholders own a portion of the corporation proportional to the number of shares they hold.
Imparts means "to give" and the term is generally used in a formal or legal sense. Example sentences: One share of stock imparts partial ownership in a corporation. Her legal will imparts half of her estate to charity. Sentences for a less-formal meaning; in this usage, it denotes a prestige to the giver: The teacher imparts his knowledge of biology to his students. The old woman imparts her wisdom to younger people.
A stock.
It is owned by stockholders.
stock
STOCK
Stockholder.
s corporation
By the transfer of equity.
The articles of incorporation defines ownership and operating procedures and conditions for a corporation
A corporation shields one from personal liability. A corporation can keep ownership confidential. A corporation may have income tax advantages.