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Discuss the strategy for preventing lost file problems.
Preferred Share
Equity shares in a corporation, which provide dividends to its holders before dividends are distributed to common shareholders, and typically have no or restricted voting rights.
Specific Dividend
A dividend paid out in forms other than cash, such as stocks or other assets, to shareholders.
Par-value Share
A type of stock with a nominal face value that companies define in their corporate charter.
Debenture
An acknowledgment of debts by a corporation normally involving more than one creditor; often used interchangeably with “bond,” but whereas a bond is typically secured against a specific asset, a debenture may be unsecured or secured by a floating charge against inventory.
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