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TeachMeFinance.com - explain stockholder stockholder -- the owner of one or more shares of stock representing some degree of ownership of a corporation. historic definition... Stockholder -- A holder (owner) of stock. A stockholder in a New York corporation is personally liable to an amount equal to the amount of stock held by him for every debt of the corporation until the whole amount of its stock issued and outstanding at the time such debt was incurred shall have been fully paid. After the stock is fully paid a stockholder is not personally liable except to workingmen and others employed by the corporation. In both classes of liabilities judgment must first be taken against the corporation and an execution thereon returned unsatisfied in whole or in part. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.