Examlex
When economists are trying to explain the world, they are scientists, and when they are trying to help improve the world, they are policy advisers.
Authorized Shares
The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.
Reacquired Shares
Shares that a company buys back from its shareholders, reducing the amount of outstanding stock on the market.
Par Common Stock
The nominal or face value assigned to common shares in the articles of incorporation, often having little relation to the market value.
Preferred Stock
represents a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with fixed dividends.
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