Examlex
When the typewriter and telephone were first used in business in the 1880s,
Preferred Shares
A class of ownership in a corporation that provides a higher claim on assets and earnings than common shares; dividends must be paid on these shares before any can be distributed to common shareholders.
Dividend Income
Earnings distributed to shareholders from the profits achieved by a company, often calculated per share and paid out in cash or additional shares.
Fair Value
An estimated market value of an asset, liability, or financial instrument, determined based on the current market conditions and not its historical cost.
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