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Under the U.S. Constitution, all powers that are neither given exclusively to the federal government nor taken from the states are reserved to the states.
Capital in Excess
Funds or assets available to a company beyond what is required for normal operations, often used for investment or expansion.
Par Value
Nominal or face value assigned to financial instruments such as stocks and bonds, often used in accounting and legal purposes.
Offering Price
The initial selling price of a stock or security when it is first made available for sale to the public.
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