Examlex
NTFS was implemented to replace FAT16 and FAT32 because of the difficulty in incorporating security in these file systems.
Common Stockholders
Individuals or entities that own shares in a corporation, granting them rights to dividends and a vote in certain corporate matters.
Rights Granted
Rights Granted refers to permissions or privileges given to an individual or entity, which allows them certain freedoms or abilities under specific conditions.
Noncumulative
A term often related to preferred stock, describing dividends that, if not declared by the board of directors, are not owed to shareholders and do not accumulate.
Preferred Stock
Preferred stock is a type of stock that gives holders preferential treatment over common stock, such as fixed dividends and priority in asset liquidation.
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