Examlex
A(n) _____-oriented day reporting center focuses on making sure that clients abide by the rules, enforces accountability through itineraries, and keeps clients busy so they do not have the time or opportunity to engage in criminal activity.
Authorized
Officially permitted or agreed upon, often referring to the maximum number of shares a corporation is legally allowed to issue.
Outstanding
Refers to shares that are currently owned by investors, including those held by public investors, institutional investors, and company insiders.
Cumulative
Referring to the total amount aggregated over a period of time.
Noncumulative
Noncumulative refers to a type of preferred stock where dividends do not accumulate if they are not declared or paid in a given dividend period.
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