Examlex
Which of the following is true about performance appraisals?
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect market value.
Cumulative
Relating to an amount that has been gathered or accumulated over time, often used in the context of dividends or other financial aggregates.
Preferred Stock
A type of equity security that has a higher claim on a company's assets and earnings than common stock, often paying fixed dividends.
Treasury Stock
Shares of a company's own stock that it has reacquired and held in its treasury.
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