founders\' shares

founders' shares

noun Finance.
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:
1885–90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Founders' shares is always a great word to know.
So is doohickey. Does it mean:
a fool or simpleton; ninny.
a gadget; dingus; thingumbob.
Collins
World English Dictionary
founders' shares
 
pl n
shares awarded to the founders of a company and often granting special privileges

Collins English Dictionary - Complete & Unabridged 10th Edition
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