In the U.K., these are called "ordinary shares".
If the company goes bankrupt, the common stockholders will not receive their money until the creditors and preferred shareholders have received their respective share of the leftover assets. This makes common stock riskier than debt or preferred shares. The upside to common shares is that they usually outperform bonds and preferred shares in the long run.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
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