Examlex
Define the following terms:
-telephone pole design
Common Stock
The security representing ownership of a corporation. Equity.
Invested Funds
Capital that has been placed into a project or company, with the expectation of generating income or profit.
Flotation Costs
The administrative cost of issuing new securities. Consists largely of commissions and marketing fees, but printing and engraving costs can also be significant.
Retained Earnings
The portion of a company's profits that is kept or retained rather than paid out as dividends to shareholders.
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