Equity Instruments Ontology
type: Ontology
abstract: Core terms are those fundamental to all equity instruments. This ontology also distinguishes between privately held and publicly traded equity instruments, and defines a number of related concepts, such as voting rights.
license: Copyright (c) 2013-2026 EDM Association dba EDM Council, Inc. Copyright (c) 2018-2025 Object Management Group, Inc. Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the 'Software'), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions: The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE. See https://opensource.org/licenses/MIT.
imports: CorporateBodies
imports: LegalPersons
imports: CorporateOwnership
imports: Partnerships
imports: Debt
imports: FinancialInstruments
imports: InstrumentPricing
imports: FinancialServicesEntities
imports: FinancialProductsAndServices
imports: CurrencyAmount
imports: Agreements
imports: Contracts
imports: Lifecycles
imports: BusinessDates
imports: FinancialDates
imports: LegalCapacity
imports: Ownership
imports: PaymentsAndSchedules
imports: Relations
imports: AnnotationVocabulary
imports: InterestRates
imports: SecuritiesIssuance
imports: SecuritiesListings
imports: Classifiers
imports: DatesAndTimes
imports: Documents
imports: QuantitiesAndUnits
imports: RolesAndCompositions
version IRI: EquityInstruments
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to add a link to the formula used to calculate an adjustable rate dividend and loosen some constraints to make the ontology more useful in cases where one could have information about a preferred share, such as having an adjustable rate dividend, but not necessarily having the details (SEC-138).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to add a property for the number of available shares, required for MiFID reporting (SEC-97).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to clean up older deprecations (FND-399).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to eliminate deprecations that are more than 6 months old and to replace content that is now available in the OMG Commons Ontology Library (Commons) v1.1 (FND-380).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to merge details from the old corporations ontology into corporate bodies for consistency and useability (BE-259).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to reconcile shareholding with equity position (BE-254), and make other small changes such as renaming has floating shares to has floating stock (SEC-200).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to reflect migration of concepts from accounting equity to ownership in FND (FND-409).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to replace content that is now available in the OMG Commons Ontology Library (Commons) v1.1 (FND-380) and to clean up details related to regular schedules (FBC-317).
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of the ontology was modified to use the Commons Ontology Library (Commons) Annotation Vocabulary rather than the OMG's Specification Metadata vocabulary.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was modified to clarify a restriction on perpetual preferred share, add extendible preferred share, and add the CFI definition for limited partnership unit.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was modified to use the Commons Ontology Library (Commons) rather than the OMG's Languages, Countries and Codes (LCC), eliminating redundancies in FIBO as appropriate.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to add concepts covering additional features of preferred shares, move the two exhaustive CFI-specific classes to the Equity CFI individuals ontology, rename EquityIssuer to ShareIssuer to be clearer about the intent, and add the concept of a price per share.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to add the notion of a VIE share and integrate dividend distribution method with strategy.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to address text formatting hygiene issues.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to clean up deprecated elements, most of which had been in the ontology for awhile.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to deprecate the notion of a securities restriction specific to a limited partnership fund unit, which required import of unnecessary content and would not be used in practice.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to incorporate a property allowing representation of the share class, streamline the representation of voting rights and payment form, clean up ambiguous definitions, and eliminate redundant restrictions related to security form.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to incorporate additional features required to map the CFI classification scheme to equity instruments, including features specific to preferred shares.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to refine the definition of listed share, update definitions to remove leading articles, add missing properties and restrictions, revise the definition of dividend.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to refine the definition of share to include a restriction for hasSharesOutstanding, eliminate duplication of concepts in LCC, and add the concept of an equity issuer.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to reflect the move of hasMaturityDate from FinancialInstruments to Debt in FBC and eliminate named individuals for specifying voting rights, which caused issues for some tools.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to rename ownership related properties for consistent alignment with the ownership situational pattern and to move properties / restrictions that define how many shares have been issued from the issuer to the share.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to replace 'publicly-traded share' with 'exchange-specific share', which is the more commonly used designation and corresponds better with the intended semantics of this concept, to merge in concepts that were formerly in a separate ShareTerms ontology, and eliminate deprecated elements.
change note: The https://spec.edmcouncil.org/fibo/ontology/SEC/Equities/EquityInstruments.rdf version of this ontology was revised to revise the definition of dividend to explicitly state that it reflects the announced commitment of a specific dividend rather than a more general policy.
has maturity level: Release
copyright: Copyright (c) 2013-2025 EDM Council, Inc.
copyright: Copyright (c) 2018-2026 EDM Association dba EDM Council, Inc.

adjustable rate dividend
type: Class
subclass of: preferred dividend
subclass of: Restriction
  on property: hasQuantityKind
  on class: InterestRateBenchmark
  min qualified cardinality: 0
subclass of: Restriction
  on property: describesActualExpression
  min qualified cardinality: 0
  on data range: string
subclass of: Restriction
  on property: has adjustable dividend rate
  some values from: PercentageMonetaryAmount
definition: dividend that varies with a benchmark
explanatory note: The value of the dividend from the preferred share is set by a predetermined formula to move with rates, and because of this flexibility preferred prices are often more stable then fixed-rate preferred stocks.

auction rate dividend
type: Class
subclass of: preferred dividend
subclass of: Restriction
  on property: has adjustable dividend rate
  some values from: PercentageMonetaryAmount
definition: preferred share dividend whose rate is periodically reset through an auction, typically every 7, 14, 28, or 35 days

common share
type: Class
subclass of: share
subclass of: Restriction
  on property: has dividend
  on class: ordinary dividend
  min qualified cardinality: 0
disjoint with: preferred share
definition: share that signifies a unit of ownership in a corporation and represents a claim on part of the corporation's assets and earnings
explanatory note: In the event that the corporation is liquidated, claims of secured and unsecured creditors and owners of bonds and preferred shares take precedence over claims of common share holders.
synonym: ordinary share

convertible common share
type: Class
subclass of: common share
subclass of: ConvertibleSecurity
definition: common share that is convertible into another security

convertible preferred share
type: Class
subclass of: preferred share
subclass of: ConvertibleSecurity
definition: preferred share that includes an option for the holder to convert the shares into a fixed number of common shares after a predetermined date
explanatory note: Most convertible preferred stock is exchanged at the request of the shareholder, but sometimes there is a provision that allows the company, or issuer, to force conversion. The value of a convertible preferred stock is ultimately based on the performance of the common stock.

cumulative preferred share
type: Class
subclass of: preferred share
definition: preferred share whose dividends, if not paid on time, accumulate until paid out
explanatory note: These dividends have precedence over ordinary dividends which cannot be paid until any cumulative dividend obligations have been paid. Dividends are typically deferred due to insufficient earnings or other business reasons.

custodian
type: Class
subclass of: FinancialInstitution
subclass of: ThirdPartyAgent
subclass of: Restriction
  on property: holds
  some values from: share
definition: financial institution that holds customers' securities for safekeeping
adapted from: https://www.investopedia.com/terms/c/custodian.asp
explanatory note: The custodian may hold stocks or other assets in electronic or physical form for mutual funds, individuals, and organizational clients.

distribution by payment
type: NamedIndividual
type: dividend distribution method
definition: distribution method involving payment of cash to the shareholder

distribution by reinvestment
type: NamedIndividual
type: dividend distribution method
definition: distribution method involving automatic reinvestment of shareholders' dividends in additional, potentially fractional, shares in the same asset

dividend
type: Class
subclass of: Commitment
subclass of: Restriction
  on property: has distribution method
  on class: dividend distribution method
  max qualified cardinality: 1
subclass of: Restriction
  on property: hasPaymentAmount
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasSchedule
  on class: dividend schedule
  min qualified cardinality: 0
definition: announced commitment to make a specific distribution of a portion of earnings to shareholders, prorated by class of security
explanatory note: The amount and timing of payment is set by the board of directors, typically quarterly. Dividends may be paid in the form of money, shares, scrip, or on rare occasion, property.

dividend distribution method
type: Class
subclass of: Convention
subclass of: Strategy
definition: convention by which dividends are provided to shareholders
explanatory note: Distribution may be by payment of a monetary amount or by reinvestment, as specified by the board of directors at the time a decision to issue a dividend is made.

dividend schedule
type: Class
subclass of: RegularSchedule
subclass of: PaymentSchedule
definition: payment schedule indicating the dates on which dividends are due to be paid

enhanced voting share
type: Class
subclass of: share
subclass of: Restriction
  on property: number of votes per share
  some values from: Datatype
    on datatype: decimal
    with restrictions:
      min exclusive: 1.0
definition: share that confers more than one vote per share

equity conversion terms
type: Class
subclass of: ConversionTerms
subclass of: Restriction
  on property: specifies conversion date
  some values from: Date
subclass of: Restriction
  on property: specifiesConversionInto
  some values from: Security
definition: conversion terms specifying the details regarding conversion of shares into other securities

equity position
type: Class
subclass of: Position
subclass of: Restriction
  on property: hasOwningParty
  on class: Shareholder
  min qualified cardinality: 0
subclass of: Restriction
  on property: isHeldBy
  on class: Class
    union of: Shareholder
    union of: custodian
  qualified cardinality: 1
subclass of: Restriction
  on property: hasOwnedAsset
  some values from: Shareholding
definition: position in an equity instrument

equity redemption provision
type: Class
subclass of: RedemptionProvision
subclass of: Restriction
  on property: has minimum redemption price
  on class: MonetaryPrice
  min qualified cardinality: 0
subclass of: Restriction
  on property: has redemption premium
  on class: MonetaryPrice
  min qualified cardinality: 0
subclass of: Restriction
  on property: has earliest redemption date
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: has extendable redemption date
  min qualified cardinality: 0
  on data range: boolean
subclass of: Restriction
  on property: is redeemable at issuer option
  min qualified cardinality: 0
  on data range: boolean
subclass of: Restriction
  on property: is redeemable at shareholder option
  min qualified cardinality: 0
  on data range: boolean
definition: redemption provision that specifies the conditions under which the issuer or shareholder may redeem the shares

equity redemption provision with extendable redemption date
type: Class
subclass of: equity redemption provision
subclass of: Restriction
  on property: has extendable redemption date
  has value: true
definition: equity redemption provision that allows modification of the redemption date beyond the original specified date

exchangeable preferred share
type: Class
subclass of: preferred share
definition: preferred share that may be exchanged for a security of another issuer

extendable preferred share
type: Class
subclass of: preferred share
definition: preferred share whose redemption date can be extended at the issuer or holder option
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: An extendable preferred share may be redeemed at the option of the issuer and/or of the shareholder with an extendable redemption (meturity) date.
synonym: extendible preferred share

fixed rate dividend
type: Class
subclass of: preferred dividend
subclass of: Restriction
  on property: has fixed dividend rate
  some values from: PercentageMonetaryAmount
definition: dividend that provides a specified annual return on the nominal value (and any premium) paid on shares
explanatory note: In other words, the return is not variable depending on whether or not the company makes a profit. Annual dividends are calculated as a percentage of the par value, which is the price of the preferred stock at the time it was issued. Most preferred shares have fixed rate dividends.

fully paid share
type: Class
subclass of: share
subclass of: Restriction
  on property: has share payment status
  has value: fully paid share status
definition: share whose payment status indicates that no additional money is owed to the company by shareholders on the value of the shares

fully paid share status
type: NamedIndividual
type: share payment status
definition: status indicating that no additional money is owed to the company by shareholders on the value of the shares

hard retractable preferred share
type: Class
subclass of: retractable preferred share
disjoint with: soft retractable preferred share
definition: retractable preferred share whose retraction value must be paid in cash

limited partnership unit
type: Class
subclass of: share
subclass of: Restriction
  on property: hasCounterparty
  some values from: Restriction
    on property: isPlayedBy
    some values from: LimitedPartnership
definition: share in a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs)
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: Like shareholders in a corporation, the LPs have limited liability, i.e., they are only liable on debts incurred by the firm to the extent of their registered investment and they have no management authority. The GPs pay the LPs the equivalent of a dividend on their investment, the nature and extent of which is usually defined in the partnership agreement.

listed share
type: Class
subclass of: share
subclass of: ListedSecurity
definition: share that is listed on at least one platform
explanatory note: Listing requirements vary by exchange and include minimum stockholder's equity, a minimum share price and a minimum number of shareholders. Exchanges have listing requirements to ensure that only high quality securities are traded on them and to uphold the exchange's reputation among investors.

nil paid share
type: Class
subclass of: share
subclass of: Restriction
  on property: has share payment status
  has value: nil paid share status
definition: share whose payment status indicates that none of the market value has been received by the company for the shares

nil paid share status
type: NamedIndividual
type: share payment status
different from: fully paid share status
different from: partially paid share status
definition: status indicating that none of the market value has been received by the company for the shares
example: Unpaid shares may be issued, for example, for convenience by a start-up company.

non-cumulative preferred share
type: Class
subclass of: preferred share
disjoint with: cumulative preferred share
definition: preferred share whose dividend payments are not carried forward

non-participating preferred share
type: Class
subclass of: preferred share
disjoint with: participating preferred share
definition: preferred share that is not a participating preferred share

non-voting share
type: Class
subclass of: share
subclass of: Restriction
  on property: number of votes per share
  has value: 0.0
definition: share that has no voting right

ordinary dividend
type: Class
subclass of: dividend
subclass of: Restriction
  on property: hasPaymentAmount
  on class: MonetaryAmount
  qualified cardinality: 1
definition: dividend that is paid to shareholders periodically
explanatory note: Most dividends are considered ordinary, unless they are specifically designated as qualified dividends.
explanatory note: Note that the terms related to ordinary dividend payment are typically specified in the context of a board resolution rather than contractually.

partially paid share
type: Class
subclass of: share
subclass of: Restriction
  on property: has share payment status
  has value: partially paid share status
definition: share whose payment status indicates that only a portion of the market value has been received by the company for the shares

partially paid share status
type: NamedIndividual
type: share payment status
different from: fully paid share status
definition: status indicating that only a portion of the market value has been received by the company for the shares
explanatory note: In the case of partially paid shares, the shareholder is still required to pay the remaining amount to the company. Typically, partially paid shares are only issued to a shareholder if there are compelling business reasons to do so.

participating preferred share
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: has dividend
  on class: ordinary dividend
  min qualified cardinality: 0
definition: preferred share that, in addition to paying a stipulated dividend, gives the holder the right to participate with common share holders in additional distributions of earnings under specified conditions
explanatory note: Participating preferred shares are rare, typically only issued when needed to attract investors.

perpetual preferred share
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: hasMaturityDate
  on class: ExplicitDate
  max qualified cardinality: 0
disjoint with: preferred share with fixed maturity date
definition: preferred share that has no fixed maturity date

precedence right
type: Class
subclass of: ContractualRight
definition: right that give the shareholder higher priority with respect to certain pre-defined dividend payments over other shareholders and that pay out first in the case of liquidation

preferred dividend
type: Class
subclass of: dividend
subclass of: Restriction
  on property: has fixed dividend rate
  on class: PercentageMonetaryAmount
  max qualified cardinality: 1
subclass of: Restriction
  on property: has dividend grace period
  on class: Duration
  max qualified cardinality: 1
definition: commitment to distribute a portion of earnings to shareholders, similar to a dividend but often with a fixed payment amount and schedule

preferred share
type: Class
subclass of: share
subclass of: Restriction
  on property: hasMaturityDate
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: has dividend
  some values from: Class
    union of: ordinary dividend
    union of: preferred dividend
subclass of: Restriction
  on property: is senior to
  some values from: common share
definition: share that pays dividends at a specified rate and has preference over common shares in the payment of dividends and liquidation of corporate assets
synonym: preference share

preferred share with adjustable rate dividend
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: has dividend
  on class: adjustable rate dividend
  min qualified cardinality: 0
disjoint with: preferred share with fixed rate dividend
definition: preferred share whose dividend rate varies according to some benchmark

preferred share with auction rate dividend
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: has dividend
  on class: auction rate dividend
  min qualified cardinality: 0
disjoint with: preferred share with fixed rate dividend
definition: preferred share whose dividend rate is periodically reset through an auction, such as a Dutch auction

preferred share with fixed maturity date
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: hasMaturityDate
  on class: ExplicitDate
  qualified cardinality: 1
definition: preferred share whose maturity date is set, typically according to the terms of the prospectus

preferred share with fixed rate dividend
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: has dividend
  on class: fixed rate dividend
  min qualified cardinality: 0
definition: preferred share whose dividends are set, typically according to the terms of the prospectus

price per share
type: Class
subclass of: SecurityPrice
subclass of: UnitPrice
subclass of: Restriction
  on property: isPriceFor
  some values from: share
definition: price for one share of a given security at some point in time
abbreviation: PPS
synonym: share price

privately held share
type: Class
subclass of: share
disjoint with: listed share
definition: share in a security that signifies ownership in an entity that is not publicly traded
explanatory note: Privately owned companies include family-owned businesses, sole proprietorships and the vast majority of small and medium-sized businesses. These companies are often too small for an initial public offering (IPO) due, for example to a small market capitalization and/or low trading volume, and fulfill their financing requirements in other ways, including through smaller offerings.

qualified dividend
type: Class
subclass of: dividend
definition: dividend that falls under capital gains tax rates that are lower than the income tax rates on unqualified (ordinary) dividends

redeemable preferred share
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: hasRedemptionProvision
  some values from: equity redemption provision
definition: preferred share that gives the issuer the right to redeem the stock under specified conditions

redeemable preferred share with extendable maturity date
type: Class
subclass of: preferred share with fixed maturity date
subclass of: redeemable preferred share
subclass of: Restriction
  on property: has extendable maturity date
  has value: true
definition: redeemable preferred share with a fixed maturity date whose issuer has the option to extend the maturity date

redeemable preferred share with extendable redemption date
type: Class
subclass of: redeemable preferred share
subclass of: Restriction
  on property: hasExtensionProvision
  some values from: equity redemption provision with extendable redemption date
definition: redeemable preferred share whose redemption date can be modified
synonym: extendible preferred share

restricted share
type: Class
subclass of: share
disjoint with: unrestricted share
definition: share whose ownership/transfer/sale is subject to special conditions including country-specific restrictions

restricted voting share
type: Class
subclass of: share
subclass of: Restriction
  on property: number of votes per share
  some values from: Datatype
    on datatype: decimal
    with restrictions:
      max exclusive: 1.0
definition: share that confers less than one vote per share

retractable preferred share
type: Class
subclass of: preferred share
subclass of: Restriction
  on property: hasRedemptionProvision
  some values from: equity redemption provision
definition: preferred share that gives the owner (shareholder) the right to redeem the stock under specified conditions
explanatory note: When retractable preferred shares reach maturity, the shareholder has the right to sell them back to the stock issuer at the price stated on the agreement. In some cases, the issuer can force the shareholder to sell, and may have the option of exchanging retractable preferred shares for common shares instead of cash.

retractable preferred share with extendable maturity date
type: Class
subclass of: preferred share with fixed maturity date
subclass of: retractable preferred share
subclass of: Restriction
  on property: has extendable maturity date
  has value: true
subclass of: Restriction
  on property: has extendable maturity date
  has value: true
subclass of: Restriction
  on property: hasExtensionProvision
  some values from: ExtensionProvision
definition: retractable preferred share with a fixed maturity date whose issuer and/or holders have the option to extend the maturity date

retractable preferred share with extendable redemption date
type: Class
subclass of: retractable preferred share
subclass of: Restriction
  on property: hasExtensionProvision
  some values from: equity redemption provision with extendable redemption date
definition: retractable preferred share whose redemption date can be modified
synonym: extendible preferred share

share
type: Class
subclass of: EquityInstrument
subclass of: Restriction
  on property: has available shares
  min qualified cardinality: 0
  on data range: nonNegativeInteger
subclass of: Restriction
  on property: has floating stock
  min qualified cardinality: 0
  on data range: nonNegativeInteger
subclass of: Restriction
  on property: has shares issued
  min qualified cardinality: 0
  on data range: nonNegativeInteger
subclass of: Restriction
  on property: has shares outstanding
  min qualified cardinality: 0
  on data range: nonNegativeInteger
subclass of: Restriction
  on property: has treasury shares
  min qualified cardinality: 0
  on data range: nonNegativeInteger
subclass of: Restriction
  on property: has share class
  min qualified cardinality: 0
  on data range: string
subclass of: Restriction
  on property: has voting restriction
  min qualified cardinality: 0
  on data range: string
subclass of: Restriction
  on property: hasSharesAuthorized
  some values from: nonNegativeInteger
subclass of: Restriction
  on property: number of votes per share
  some values from: decimal
subclass of: Restriction
  on property: confers ownership of
  some values from: ShareholdersEquity
subclass of: Restriction
  on property: has share payment status
  some values from: share payment status
definition: financial instrument that signifies a unit of equity ownership in a corporation, or a unit of ownership in a mutual fund, or interest in a general or limited partnership, or a unit of ownership in a structured product, such as a real estate investment trust

share issuer
type: Class
subclass of: Issuer
subclass of: Restriction
  on property: issues
  some values from: share
definition: issuer of securities that represent an ownership interest in something
explanatory note: This includes shares that represent equity ownership in a corporation, or ownership in a mutual fund, or an interest in a general or limited partnership, or ownership in a structured product, such as a real estate investment trust.

share payment status
type: Class
subclass of: LifecycleStatus
subclass of: Restriction
  on property: classifies
  some values from: share
definition: classifier that specifies the overall payment status for shares issued
explanatory note: When a company issues shares upon incorporation or through an initial or secondary issuance, shareholders are required to pay a set amount for those shares. Once the company has received the full amount from shareholders, the shares become fully paid shares.

share yield
type: Class
subclass of: Yield
subclass of: Restriction
  on property: hasArgument
  some values from: Class
    union of: ordinary dividend
    union of: SecurityPrice
definition: ratio of the annualized dividend per share divided by the (current) price per share
synonym: dividend yield
synonym: dividend-price ratio

single voting share
type: Class
subclass of: share
subclass of: Restriction
  on property: number of votes per share
  has value: 1.0
definition: share that has the right to exactly one vote

soft retractable preferred share
type: Class
subclass of: retractable preferred share
definition: retractable preferred share whose retraction value may be paid in cash or in an equal value of common stock of the issuer, at the option of the issuer

special dividend
type: Class
subclass of: dividend
definition: dividend that is paid to shareholders on a one-time basis
usage note: Special dividends may be included in a dividend schedule as an ad-hoc entry, since they still need to be tracked based on the date of issuance.

unrestricted share
type: Class
subclass of: NegotiableSecurity
subclass of: share
definition: share whose ownership/transfer/sale is not subject to special conditions including country-specific restrictions

variable interest entity share
type: Class
subclass of: share
subclass of: Restriction
  on property: isIssuedBy
  some values from: Restriction
    on property: isPlayedBy
    some values from: VariableInterestEntity
definition: share that certifies ownership of a contractual right to a percentage of a company's profits
explanatory note: Unlike a traditional stock certificate, the VIE share provides a legal proprietary interest in a completely separate company's assets, sometimes referred to as a shell company. The contractual right certified by the VIE share is derived from a contract between (1) the company named on the VIE share and (2) the shell company. In other words, VIE shareholders only have a traditional stock certificate in the completely separate shell company, which is entitled to a percentage of the named company's profits via a private contract.
synonym: VIE share

voting right
type: Class
subclass of: ContractualRight
subclass of: Restriction
  on property: isConferredBy
  some values from: WrittenContract
definition: contractual right that specifies shareholder voting entitlements, such as to elect directors, elect outside auditors, and vote on matters of corporate policy
explanatory note: Voting may involve decisions on issuing securities, initiating stock splits, and making substantial changes in the corporation's operations. Note that a given share may not have voting rights, in which case the number of votes per share would be zero.

number of votes per share
type: DatatypeProperty
sub property of: hasAmount
range: decimal
definition: grants the right to vote on a per share basis to the shareholder
explanatory note: A given share may have zero, fractional, one, or more votes per share, depending on the contract.

confers ownership of
type: ObjectProperty
sub property of: confers
domain: Contract
definition: grants ownership via contract

has adjustable dividend rate
type: ObjectProperty
sub property of: hasQuantityValue
domain: preferred dividend
range: PercentageMonetaryAmount
definition: indicates a variable dividend rate, typically specified in the prospectus as a formula based on a benchmark or set at auction

has available shares
type: DatatypeProperty
sub property of: hasAmount
range: nonNegativeInteger
definition: indicates the number of shares outstanding less those shares that are restricted, i.e., those that are available for trading

has distribution method
type: ObjectProperty
sub property of: hasStrategy
domain: dividend
range: dividend distribution method
definition: indicates the method by which dividend payments are to be distributed

has dividend
type: ObjectProperty
sub property of: isClassifiedBy
domain: share
range: dividend
definition: relates a share to a dividend that applies to that share, or that the share may pay

has declaration date
type: ObjectProperty
sub property of: hasExplicitDate
domain: share
range: ExplicitDate
definition: indicates a date on which an organization states that a dividend payment may be anticipated, including the the dividend amount and the ex-dividend and payment dates
synonym: has announcement date

has dividend grace period
type: ObjectProperty
sub property of: hasDuration
domain: preferred dividend
range: Duration
definition: indicates a period of time after a dividend payment becomes due, before the issuer is subject to penalties

has earliest redemption date
type: ObjectProperty
sub property of: hasExplicitDate
domain: equity redemption provision
range: ExplicitDate
definition: indicates a date on or after which a stock can be redeemed

has ex-dividend date
type: ObjectProperty
sub property of: hasExplicitDate
domain: share
range: ExplicitDate
definition: indicates a date on which a stock 'goes ex-dividend', typically about three weeks before the dividend is paid to shareholders of record
adapted from: https://www.investor.gov/introduction-investing/investing-basics/glossary/ex-dividend-dates-when-are-you-entitled-stock-and
explanatory note: Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
explanatory note: Shares listed on the New York Stock Exchange go ex-dividend four business days prior to the record date.
synonym: has ex-date
synonym: has expected dividend date

has extendable maturity date
type: DatatypeProperty
domain: preferred share
range: boolean
definition: indicates whether the issuer and/or holders of redeemable shares with a fixed maturity date have the option to extend the maturity date

has extendable redemption date
type: DatatypeProperty
domain: equity redemption provision
range: boolean
definition: indicates whether the issuer and/or holders of redeemable shares with a specified redemption date have the option to extend that date

has fixed dividend rate
type: ObjectProperty
sub property of: hasQuantityValue
domain: preferred dividend
range: PercentageMonetaryAmount
definition: indicates a pre-arranged fixed dividend rate, typically specified in the prospectus, for a preferred share

has floating stock
type: DatatypeProperty
sub property of: hasAmount
range: nonNegativeInteger
definition: indicates the number of shares that are available for trading, i.e., the number of shares outstanding less closely held shares (those held by insiders) and restricted shares
explanatory note: A relatively small float results in higher volatility, as a large purchase or sell order will have significant influence on the value of the stock.

has minimum redemption price
type: ObjectProperty
sub property of: hasPrice
domain: equity redemption provision
range: MonetaryAmount
definition: indicates the lowest market price above which a share may be redeemed

has record date
type: ObjectProperty
sub property of: hasExplicitDate
domain: share
range: ExplicitDate
definition: indicates the date on which the issuer checks to determine whether a party was on the company's books as a shareholder when required (i.e., they must have been on the books prior to the ex-dividend date), to identify who is eligible to receive the next dividend
adapted from: https://www.investor.gov/introduction-investing/investing-basics/glossary/ex-dividend-dates-when-are-you-entitled-stock-and
explanatory note: Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
synonym: has date of record

has redemption premium
type: ObjectProperty
sub property of: hasPrice
domain: equity redemption provision
range: MonetaryPrice
definition: indicates the premium price per share over the market price, if any, that must be paid in order to redeem the stock

has share class
type: DatatypeProperty
domain: share
range: string
definition: indicates the class to which the share belongs, typically differentiated by privileges, such as voting rights
explanatory note: Classes of shares, including shares in a mutual fund, are designated by name or a character (letter), such as A, B, C, etc. In the case of a mutual fund, different classes of shares may incur different fees and expenses.

has share payment status
type: ObjectProperty
sub property of: isClassifiedBy
domain: share
range: share payment status
definition: indicates the payment status for shares issued

has shares issued
type: DatatypeProperty
sub property of: hasAmount
range: nonNegativeInteger
definition: indicates the actual number of shares held by shareholders (i.e., shares outstanding) and treasury shares

has shares outstanding
type: DatatypeProperty
sub property of: hasAmount
range: nonNegativeInteger
definition: indicates the number of shares currently held by shareholders, including those held by retail investors, institutional investors and insiders, and typically available for trading
explanatory note: The number of outstanding shares is used in calculating key metrics such as a company's market capitalization, as well as its earnings per share (EPS) and cash flow per share (CFPS).

has treasury shares
type: DatatypeProperty
sub property of: hasAmount
range: nonNegativeInteger
definition: indicates the number of shares issued but not outstanding, including those that were available in the market at one time but have been repurchased by the company

has voting restriction
type: DatatypeProperty
domain: share
range: string
definition: specifies restrictions on voting rights, if any
explanatory note: Such restrictions may apply regardless of the number of votes per share.

is redeemable at issuer option
type: DatatypeProperty
domain: RedemptionProvision
range: boolean
definition: indicates whether the issuer has the option of initiating the buy-back, similar to a call feature

is redeemable at shareholder option
type: DatatypeProperty
domain: RedemptionProvision
range: boolean
definition: indicates whether the shareholder has the option of initiating the buy-back, similar to a put feature

is senior to
type: ObjectProperty
type: TransitiveProperty
domain: share
range: share
definition: indicates that a given share (share class) has higher seniority than the related share, meaning that it gives the holder a higher claim on the assets of the issuer

specifies conversion date
type: ObjectProperty
domain: equity conversion terms
range: Date
definition: indicates the date on which, or after which, conversion may occur