Examlex
Define "rain shadow" and explain why deserts form in the rain shadows of mountains.
Quorum
The minimum number of members of a deliberative assembly necessary to conduct the business of that group.
Shareholders
Individuals or entities that own shares in a corporation, granting them certain rights in the company, like voting on corporate matters.
Outstanding Shares
The total shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
No-par Shares
Stocks issued without a specified face value, where the value is determined by the price investors are willing to pay for them.
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