Examlex
According to the text's discussion of Chinese Americans:
Convertible Preferred Stock
Preferred shares that can be converted into a predetermined number of a company's common shares, usually at the shareholder's discretion.
Common Stock
A form of corporate equity ownership, a type of security that represents an ownership interest in a corporation, entitling the holder to a share of the company's profits.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.
Convertible Preferred Stock
A type of preferred stock that gives holders the option to convert their preferred shares into a fixed number of common shares, usually after a predetermined date.
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