Examlex
According to the parallel distributed processing approach to semantic memory,
Preferred Stock
A type of stock that provides a fixed dividend that is paid before any dividends are paid to common stockholders and typically does not have voting rights.
Annual Dividend
The total dividends that a company pays to its shareholders out of its profits over the course of a year.
Nominal Rate
The stated interest rate of a financial instrument without adjusting for inflation.
Annual Coupon Bond
A bond that pays interest (coupon) to bondholders once a year until maturity, when the principal amount is repaid.
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