briefly explain the types of share capital
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The two types of share capital are common stock and preferred stock. Companies that issue ownership shares in exchange for capital are called joint stock companies.
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Share capital refers to the funds that a company raises from selling shares to investors. For example, the sale of 1,000 shares at $15 per share raises $15,000 of share capital. There are two general types of share capital, which are common stock and preferred stock.
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