Understand the concept of ownership in a company: Ownership in a company is represented by shares, which are units of equity ownership.
Learn the definition of a stock: A stock represents a share of ownership in a company, giving the holder a claim to a portion of the company's assets and earnings.
Differentiate between the options: A bond is a debt instrument, not ownership. A liability is an obligation, and a dividend is a distribution of profits, neither of which represent ownership.
Identify the correct term: Based on the definitions, the term that represents ownership in a company is 'stock'.
Confirm the answer: The correct answer to the question is 'stock', as it aligns with the concept of ownership in a company.