In general, a public corporation has two types of shares, common and preferred. The common shares usually entitle the shareholders to vote at shareholders meetings. The common shares have a discretionary dividend. Bloomberg Financial Dictionary
————
Also ordinary shares Euroclear Clearing and Settlement glossary
Holders typically being entitled to vote and receive dividends. In the event of liquidation, holders of shares usually rank behind the entity's creditors and holders of preferred shares. Euroclear Clearing and Settlement glossary
Financial and business terms. 2012.