- shares of stock given, at least nominally, for consideration to the organizers or original subscribers of a corporation, sometimes carrying special voting privileges, but likely to receive dividends after other classes of stock.
Origin of founders' shares
First recorded in 1885–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- shares awarded to the founders of a company and often granting special privileges