法律英语词汇“ordinarily resident”的翻译、意思、用法、释义-法律词典

单词

ordinarily resident

释义

ordinarily resident

ordinarily resident the concept of being in an abode in a particular place or country voluntarily or for settled purposes (e.g. education) as part of the normal state of a person's life for the time being. A per- son can be absent for insignificant periods and still be ordinarily res- ident so long as he maintains some tie or connection with the UK. ordinary shares the shares issued to members of a limited company.

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ostensible authority

These represent the equity or risk capital of a company; they carry no prior rights in terms of entitlement to dividend or return of capital on a winding up. Ordinary shares generally carry full voting rights. Different are preference shares, which entitle the holder to a stipu- lated fixed rate return in the form of a dividend (like the fixed rate return to which holders of loan stock are entitled) whereas the divi- dend declared in respect of the former is purely a matter for the directors and subject to approval by the shareholders in general meetings. In the event of a winding up, holders of preference shares are entitled to be paid before ordinary shareholders.

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