The Stock Market also operates in the major commercial centers of the world. The Midwest Stock Exchange in Chicago and the Pacific Coast Stock Exchange in San Francisco and Los Angeles is open Monday through Friday. Cash transactions means that a stock is bought, delivered, and paid for the same day. Regular transaction is the stock is bought and must be paid for and delivered by noon on the fifth day following a full business day. Ninety five percent of all transactions are regular.
Stocks provide the means for a corporation to raise money.
A stock in a business is a certificate that represents shares of ownership in a corporation. Certificates entitle them to shares in the profits of the company, which are paid out at intervals, in the form of dividends. Stocks are generally negotiable. Stockholders have the right to assign or transfer their shares to another individual. Earning or gaining can be greater with common than preferred.