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In Maslow's hierarchy, self-actualization needs are associated with basic survival, such as the need for food and shelter.
Preferred Stockholders
Investors who own preferred shares in a company, which typically provide dividends before common stock and have priority over common shareholders in asset liquidation.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it is issued.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and often pays dividends.
Cumulative
Refers to the total amount accumulated over a period of time, often used to describe amounts of money or measurements that build up until a specific point is reached.
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