Examlex
What kind of items can be stored on the Office Clipboard?
No-par Common Stock
A type of common stock that does not have a par value assigned, representing an ownership interest in a corporation.
Stated Value
A value assigned to a share of stock by the corporation’s board of directors, which is an arbitrary value used for accounting purposes.
Par Common Stock
The value assigned to a share of common stock in the company's charter, not indicative of the market value.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with predetermined dividend payments.
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