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There is some doubt about whether a contract such as a premarital agreement can waive pension rights before the parties are married.
Par Value
A value assigned to a security or stock by the company that issues it, typically representing the minimum price the security can be sold for upon its initial offering.
Dividend
A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.
Cash Dividend
A payout from a company's profits, determined by the board of directors, given to a group of its stockholders as cash.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of shareholders.
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