a security that represents an ownership (equity) share in a corporation, as well as a claim on a proportional share of it profits, and on its assets in case of liquidation. There are two primary types of stock: common stock that generally comes with a voting right but no guarantee of receiving dividends or preferred stock that generally does not carry a voting right but in most cases a dividend payment is expected. Also termed Equity security or Corporate stock. See also Share, Security, Common stock, Preferred stock.