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Briefly discuss the characteristics of Chapter 13 bankruptcy.
Shares Outstanding
The total number of 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.
Par Value
A nominal value assigned to a share of stock in the charter of a corporation, which is the minimum legal capital per share.
Common Share
A unit of equity ownership in a corporation, granting holders voting rights and a share in the profits through dividends.
Noncumulative
A term often used in the context of preferred stock dividends that indicates dividends not paid in one period do not need to be paid in future periods.
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