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Gene93 Posted 11 years ago
Vocabulary
to hold (property)
Hello,
I came across this sentence: "Foreign investors hold 50% of the shares." Would the following sentence be considered weird: "My uncle holds 50% of the company."? I would probably say that he owns them, but I am just asking. I hope you don't mind
.
Thank you
I came across this sentence: "Foreign investors hold 50% of the shares." Would the following sentence be considered weird: "My uncle holds 50% of the company."? I would probably say that he owns them, but I am just asking. I hope you don't mind
.Thank you
Top answer
Gene93, Yes, it definitely sounds odd to me. In this context, "holding" is used when speaking about "shares". That's why they are called "shareholders" and not "company holders".
- Gene93, Yes, it definitely sounds odd to me.
- In this context, "holding" is used when speaking about "shares".
- That's why they are called "shareholders" and not "company holders".
- Although there is something called a "holding company", it has nothing to do with our discussion and treatment of the subject is probably beyond the purpose of this forum!
- As you've said yourself, "owns" is a much better idea.
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3 Answers
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Gene93,
Yes, it definitely sounds odd to me. In this context, "holding" is used when speaking about "shares". That's why they are called "shareholders" and not "company holders".
Yes, it definitely sounds odd to me. In this context, "holding" is used when speaking about "shares". That's why they are called "shareholders" and not "company holders".
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Gene93My uncle holds 50% of the company.That sounds unnatural.
Say: "My uncle owns 50% of the company."
You can hold shares but not a percentage of a company.
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Gene93 "My uncle holds 50% of the company."?No.
My uncle holds 50% of the shares in the company.
My uncle has a 50% stake in the company.
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