Flashcard Set Preview
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| 1 |
Shares that can be returned to a corporation at a fixed price are defined as what?
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Callable
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| 2 |
Shares that receive priority for future dividends, if not paid within a given year are defined...
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Cumulative
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| 3 |
Shares that can be exchanged for common stock are defined as what?
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Convertible
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| 4 |
The legal capital per share of stock that's assigned when the corporation is first established...
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Par value
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| 5 |
The total number of shares available to sell, stated in the company's article of incorporation...
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Authorized stock
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| 6 |
The number of shares that have been sold to investors are defined as what?
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Issued stock
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| 7 |
The number of shares held by investors are defined as what?
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Outstanding stock
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| 8 |
These stockholders usually have first rights to a specified amount of dividends and receive...
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Preferred stockholders
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