Examlex
In a market system, prices are used to coordinate economic activity.
Preferred Stock
A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends but typically does not have voting rights.
Par Value
The nominal or face value of a bond, share, or coupon as stated by the issuer.
Market Price
The up-to-the-minute market price for assets or services open for buy or sell transactions.
Dividends
Funds distributed by a company to its shareholders from its profits.
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