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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Maritime Revolution
Issued
Refers to the process whereby a company distributes shares to shareholders, which can include both the initial offering to the public and subsequent offerings.
Premium
An additional amount paid over the normal cost, often associated with insurance or bonds.
Discount
In finance, this is the reduction from the face value of a note, bond, or other financial instrument; in commerce, it refers to a reduction from the regular price.
Journal Entry
A documentation of a financial transaction in which the total debits equal the total credits and is entered into the accounting records.
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