Examlex
Large diamonds are costly if they are not flawed.
Cumulative
Refers to an overall amount that includes all accumulated adjustments, additions, charges, and other relevant items over a period.
Preferred Stock
Type of stock that provides dividends before common stock and carries no voting rights, offering a higher claim on assets and earnings.
Par Value
The nominal or face value of a bond, stock, or coupon as stated in the financial instrument, which is a significant figure for calculating interest payments or dividends.
Par Value
The nominal or face value of a stock or bond as stated by the issuing company, often used in the context of bonds.