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Which is an example of unbalancing the system?
Par Preferred Stock
Preferred shares of a corporation with a nominal face value, which typically dictates dividends and liquidation claims.
Par Common Stock
Common stock issued with a nominal or face value assigned per share, often used in legal documents.
Convertible
A type of security, such as a bond or preferred stock, that can be converted into a specified number of shares of common stock.
Credits
In accounting, credits refer to an entry on the right-hand side of an account ledger, representing an increase in liability, equity accounts, or revenue, or a decrease in an asset or expense account.
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