Examlex
How would you classify a leader who has certain rights and privileges that allow him or her to reward or discipline employees?
Convertible Bonds
These are corporate bonds that holders can convert into a predetermined number of shares of the issuing company's stock, combining features of both debt and equity.
Specified Exchange Rate
A predetermined rate at which two currencies will be exchanged in a financial transaction.
Stock
An ownership share in a company that represents a claim on part of the corporation's assets and earnings.
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