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Appointing Officers
The act of designating individuals to hold specific positions or offices within an organization or institution.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before those of common stockholders.
Dividends
Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.
Company Liquidates
The process in which a company ceases operations and sells off its assets to pay creditors.
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