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The financial services industry enhances growth by acting as an intermediary between savers and borrowers.
Common Stock
A type of equity security that represents ownership in a corporation, with holders typically having voting rights and dividend eligibility.
Paid-in Capital
Funds received by a company from selling its stock directly to investors, not including any stock sales on the open market.
Common Stock
A type of security that represents ownership in a corporation, entitling the holder to vote at shareholders' meetings and receive dividends.
No-par Common Stock
Shares issued without a par value, allowing the company more flexibility in setting their price.
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