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A stock, also known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Stocks: What They Are, Main Types, How They Differ From ... Investopedia ? Trading ? Trading Skills Investopedia ? Trading ? Trading Skills
Two types of corporations can be formed: an S corporation and a C corporation. An S corporation is a pass-through entity, like an LLC, where the owners are taxed on profits and losses of the corporation. A C corporation is taxed at the corporate level, separately from its owners, through a corporate income tax.
A corporation is a legal entity that is separate and distinct from its owners or stockholders. It is an artificial being, created operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incident to its existence.
A stock corporation is a type of for-profit company. Each of its shareholders receives part ownership of the corporation through their shares of stock.
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.