Examlex
It is fairly unusual to find women working as correctional officers in men's prisons.
Underwriting
Underwriting involves assessing the risk of insuring or financing and setting the appropriate terms and conditions for doing so. It is commonly used in insurance and banking.
Preemptive Rights
A stockholder’s right to maintain her proportionate ownership in a corporation. The stockholder has the right to buy a share of any newly issued stock that is proportionate to her fractional ownership of the company before the new issue. The right is not a matter of law but must be written into the corporation’s bylaws.
Proportionate Ownership
Ownership shares in a company or asset divided among investors in proportion to their investment.
Efficient Markets
A financial market hypothesis suggesting that asset prices fully reflect all available information, making it impossible to consistently achieve higher-than-average returns.
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