Examlex
Organizations use decentralization to maintain standardization.
Per Share
A financial metric that represents some quantity divided by the total number of outstanding shares of a company, often used in financial ratios.
First-day Returns
The percentage change in price of a stock or other security from its offering price on its first day of public trading.
SIPC
SIPC stands for the Securities Investor Protection Corporation, which is a nonprofit organization that insures investors' securities and cash in the event a brokerage firm goes bankrupt or faces financial difficulties.
Brokerage Firm
A company that acts as an intermediary between buyers and sellers of financial securities, providing investment services and advice.
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