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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.
Cumulative
Referring to the total amount accumulated over time, often used to describe interest, dividends, or other quantities that increase over periods.
Preferred Stock
Preferred stock is a type of stock that gives its holders priority over common stockholders in terms of dividend payouts and claims on assets in the event of a liquidation.
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