In a public Limited Liability Companies, equities are referred to as?

In a Public Limited Liability Company, equities are referred to as ordinary shares. Ordinary shares represent part ownership in the company and entitle the shareholder to vote at shareholder meetings and to receive dividends when the company distributes profits. Ordinary shares are also known as common stock. Preference shares are a different class of share that typically have fixed dividend payments but do not carry voting rights. Authorized capital refers to the maximum amount of share capital that a company can issue, while called-up capital refers to the portion of the authorized capital that has been issued and for which payment has been called up by the company.