Examlex
Participation in formal and informal sports and other physical activity has benefits that include all of the following except
Cumulative Feature
A characteristic of preferred stock that entitles shareholders to receive dividends that were omitted in the past before any dividends can be issued to common stockholders.
Preemptive Right
A shareholder's right to maintain their proportionate ownership by buying additional shares before they are offered to the public.
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily match the market value.
Legal Capital
The minimum amount of capital that a company is required to maintain by law, often to protect creditors from the company's potential losses.
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