Examlex
If a check has been marked "payment refused - not sufficient funds" a person in possession of it can qualify as a holder in due course.
Common Stock
A form of corporate equity ownership, representing a claim on a portion of the company's profits and a right to vote on major company decisions.
Acquisition
The process by which one company purchases most or all of another company's shares or assets, gaining control over the acquired company.
Consolidated Retained Earnings
The cumulative amount of profits kept by a company after dividends are paid, as reported in consolidated financial statements that merge the accounts of parent and subsidiary entities.
Par Value
The face value of a bond or stock as stated in the corporate charter or on the certificate.
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