Examlex
Explain the recording and posting processes.
Preferred Stock
A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with dividends that are paid out prior to those to common stockholders.
Common Stock
A type of equity security that represents ownership in a corporation, with holders typically having voting rights and receiving dividends.
Market Price
The present rate at which a good or service is available for purchase or sale in an open market.
Cash Dividend
Funds distributed by a business to its owners, often sourced from its profits.
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