Avis, Inc - 1970's dated Car Rental Company Stock Certificate - Owner of Zipcar and Budget Rental - Wrinkling in the Paper
Inv# AS1052 Stock
Condition Problem: Wrinkling in the Paper. Last One! American Bank Note. Avis Car Rental is an American car rental company based in Parsippany, New Jersey. It operates as part of Avis Budget Group, which also includes Budget Rent a Car, Budget Truck Rental, and Zipcar. Avis Budget Group manages the Avis brand across several regions, including South Africa, North America, South America, India, Australia, and New Zealand. In 2011, Avis acquired Avis Europe plc, a separate entity that previously licensed the Avis brand.
Historically, Avis has predominantly offered General Motors (GM) vehicles like Chevrolet and Cadillac. However, it now also includes popular non-GM brands such as Ford and Toyota in its rental fleet. Avis serves both business travelers at major airports worldwide and leisure travelers at off-airport locations, many of which are operated by franchisees rather than being company-owned. Notably, Avis was the first car rental company to establish a presence at an airport. In January 2013, Avis agreed to purchase Zipcar for $491 million. Read more at https://en.wikipedia.org/wiki/Avis_Car_Rental
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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