A legal claim to a percentage of a company's future profits and assets is known as a

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A share of stock represents a legal claim to a portion of a company's future profits and assets. Bondholders have a legal claim to a fixed interest payment and the repayment of their initial investment, but do not have ownership rights in the company. Dividends are a portion of a company's profits that are distributed to shareholders, but are not a legal claim to future profits and assets. Random walk is a term used in finance to describe the unpredictable movement of stock prices.

A Legal Claim to a Percentage of a Company's Future