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Thomas Jefferson sent two envoys to France in 1803 with the essential goal of
Cash Dividends
Payments made to shareholders out of a corporation's earnings in the form of cash.
Stable Earnings
Earnings that show little variability and predictability over a period, indicative of financial stability in a company.
Preferred Stock
A type of stock that generally provides dividends to its holders before dividends are issued to common stockholders, and typically has rights to assets before common stock upon liquidation.
Organization Cost
An intangible asset that records the initial cost of forming the corporation, such as legal and incorporating fees. Today, it is being expensed.
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