Examlex
Preferred stock is a hybrid⎯a sort of cross between a common stock and a bond⎯in the sense that it pays dividends that normally increase annually like a stock but its payments are contractually guaranteed like interest on a bond.
Two-House Legislature
A bicameral legislative system consisting of two separate chambers or houses, typically a lower house and an upper house, for the purpose of law-making.
Population
The number of individuals living in a specific area, region, or country at a given time.
Constitutional Convention
A formal assembly convened with the purpose of drafting, amending, or revising a constitution, such as the 1787 convention that drafted the Constitution of the United States.
Propertied Families
Families that own significant amounts of land, real estate, or other forms of wealth, often holding considerable influence and status in society.
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