Examlex
Factor out the greatest common factor. Simplify the factors, if possible.
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Corporation
A legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations can enter contracts, sue and be sued, and pay taxes apart from their owners.
Secondary Market
The marketplace where investors buy and sell securities they already own, as opposed to the primary market where securities are first issued.
Private Placement
The sale of securities directly to institutional investors or individuals, bypassing the public markets.
IPO
Initial Public Offering, the process by which a private company offers its shares to the public for the first time.
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