Examlex
According to the concept of coevolution:
Par Value
The face value of a stock or bond as stated by the issuing company, which does not necessarily match the market value.
Common Stock
A type of equity security that represents ownership in a corporation, entitling the holder to vote on corporate matters and receive dividends.
Dividends in Arrears
Unpaid dividends on cumulative preferred stock, which must be paid out before any dividends can be issued to common stockholders.
Cumulative Preferred Stock
A type of preferred stock where missed dividend payments are accumulated and must be paid before any dividends can be issued on other stock classes.
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