what is equity shares
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Explanation:
Equity shares are long-term financing sources for any company. These shares are issued to the general public and are non-redeemable in nature. Investors in such shares hold the right to vote, share profits and claim assets of a company.
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The stock or capital stock of a business unit represents the principal capital or investment paid by its founders in the business. It is used as a security for the creditors of the business.Serves, since it cannot be withdrawn to the creditors detrimentally.
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