Aktsiapõhist

Aktsiapõhist refers to a concept or system based on shares or stocks. In Estonian, "aktsia" means share or stock, and "põhist" is a form of "põhinev," meaning "based on" or "rooted in." Therefore, aktsiapõhist describes something that is founded upon or determined by the ownership of company shares.

This term is often encountered in discussions related to corporate finance, investment, and employee compensation. For instance, an aktsiapõhist dividend policy means that dividend payments are distributed to shareholders based on the number of shares they own. Similarly, aktsiapõhist options or grants are forms of employee remuneration where the value or payout is tied to the company's stock performance or the number of shares granted.

In the context of economic systems, "aktsiapõhist" could describe an economy or market where the valuation and distribution of wealth are significantly influenced by the stock market. This contrasts with systems that might be more heavily based on debt, real estate, or other asset classes. The principle of aktsiapõhist implies that the rights and benefits are proportional to the shareholding.