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They entitle the lender to charge interest on a loan.
They entitle companies to display a coat of arms on their products as recognition of their royal patronage.
Perhaps most importantly, they entitle citizens to a share of society's wealth and a say over how it's used.
Securities are not inherently valuable; their worth comes only from the claims they entitle their owner to make upon the assets and earnings of the issuer or the voting power that accompanies such claims.
The Trades Union Congress has made an excellent start by calling not only for employee board-level representation but also for amendments to company law to redress shareholder primacy and requiring ownership of shares for two years before they entitle shareholders to voting rights.
The result is useful to know: if you have two premises of which you are at least 99% certain, they entitle you to be at least 98% certain of a conclusion validly drawn from them.
Similar(52)
"Aren't they entitled to some protection?
Are they entitled to a refund?
Were they entitled to light it, and on and on.
But were they entitled to take account of it?
Are they entitled to do that?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com