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Shawn does extremely well on his spelling test in school. His father praises Shawn for this test score and tells him how smart he is, but he should be able to learn the next list of words even faster. Where giving praise is concerned, Shawn's Dad needs to know about the principle of
Initial Public Offering
The first sale of a company's stock to the public, marking the transition from a private to a publicly traded company.
Corporate Bonds
Debt securities issued by corporations to raise capital, where the issuer promises to repay the principal amount at a specified maturity date along with periodic interest payments.
Preferred Shares
A class of stock in a corporation that typically offers dividends and other privileges above common shares, usually without voting rights.
Incorporators
Individuals who file the necessary paperwork and legally establish a corporation, becoming its initial shareholders and possibly its initial directors.
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