1. Stocks and Shares:Stocks: Represent ownership in a company and are traded on stock exchanges. Shares: Refers to the individual units of ownership in a company. When you own shares, you own a portion of that company. 2. Stock Exchanges:Major Exchanges: Examples include the New York Stock Exchange (NYSE) and NASDAQ in the United States, London Stock Exchange (LSE) in the UK, and Tokyo Stock Exchange (TSE) in Japan.DEMAT ACCOUNT Local Exchanges: Different countries have their own stock exchanges, facilitating the trading of shares in domestic companies.