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Nairaland Forum / Nairaland / General / Investment / What Is The Origin Of The Word "Shares" In Finance? (58 Views)
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What Is The Origin Of The Word "Shares" In Finance? by BigTolulope(m): 7:31pm On Apr 29 |
What is the origin of the word "shares" in finance? The word shares comes from the Old English scearu, which means “a cutting, shearing, division” or “a part or division." The word shares was used to refer to the portions of ownership in a company or a financial instrument since the late 16th century, and is so called because the shareholder owns a part or division of that company or investment. |
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