Examlex
Senator Dogood is pushing for the construction of a new military base in his state even though, from the standpoint of national security, it is clear that there are better places to locate the new military base. Economic theory would suggest that Senator Dogood is
Corporation
A legal entity that is separate from its owners, providing limited liability protection, and having the capacity to own assets, incur liabilities, and sell stock.
Paid-in Capital
The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares themselves plus any amount paid in excess.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the company's resources.
Treasury Stock
Shares initially released to the public and then bought back by the corporation that issued them, diminishing the overall supply of shares on the market.
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