Examlex
Which of the following levels of the policy agenda is considered the macro level?
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect market value.
Stock Exchange
A regulated marketplace where securities, such as stocks and bonds, are bought and sold.
Private Corporation
A privately-owned company where ownership is either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately.
Authorized Shares
The total number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.
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