The stocks are equity security that represent ideal share of company's property owned by the same issuer of shares. What proportion represents, depending on the total number of issued shares/stocks. There are two main types of stocks – ordinary and preference stocks. They differ according to the rights which beneficial owner gets with their purchase. The stock is a security by which the contributor proves its stake in the share capital of the joint stock company. It is also proof of ownership in part of a company that is registered as jonit stock company. The stock gives rights, but also certain obligation to company. It is generally hereditary, but there is a possibility to predict certain restrictions in relation to inheritance and trading in the Articles of Association of the joint stock company. One of the basic characteristics of the stocks is to issue a dividend which means the payment of profits of the company to stockholder ( in proportion to its shares in the company ). The stocks, as securities might be the subject of the sale and purchase on the capital market or stock exchange.