Examlex
Bad managerial judgments or unforeseen negative events that happen to a firm are defined as "company-specific," or "unsystematic," events, and their effects on investment risk can in theory be diversified away.
Par Common Stock
The nominal or face value of a share of common stock, as stated in the corporate charter.
Fair Market
The price at which a willing buyer and seller would agree to transact in an open and unrestricted market.
Common Stock
Common stock represents equity ownership in a corporation, where shareholders are entitled to vote on corporate matters and possibly receive dividends.
Reacquired
Refers to previously issued stocks or securities that have been bought back by the issuing company.
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