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What is a condition to most pay-day loans?
Closing Price
The final price at which a stock is traded on a given trading day.
Current Yield
The annual income (interest or dividends) earned from an investment, expressed as a percentage of the current price.
Liquidation Payment
The payout received by investors or creditors during the liquidation of a company, prioritizing payments according to seniority of claims.
Preferred Stock
represents ownership in a corporation with a claim on assets and earnings before common stockholders, often paying fixed dividends.
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