Examlex
Employees who have 401(k)plans also have to decide how to invest the funds in their plan.
Preferred Stock
A type of corporate ownership that ranks above common stock in terms of asset and earnings claims, typically carrying predetermined dividend payouts.
Common Stock
A form of corporate equity ownership, a type of security representing ownership in a corporation.
Market Price
The rate at which an asset or service is exchanged in a competitive marketplace.
Marginal Tax Rate
The tax rate incurred on an additional dollar of income, reflecting the rate applicable to the highest portion of an individual's or corporation's income.
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