Examlex
By age 3½, children describe themselves in terms of __________.
Flotation Costs
Expenses incurred by a company in issuing new securities, including underwriting, legal, and registration fees, reiterating the cost aspect of raising equity or debt.
Retained Earnings
The portion of a company's net earnings not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.
Constant Growth
A model assuming that a company's dividends will continue to grow at a constant rate indefinitely, used in valuing stocks.
Preferred Stock
A class of stock that has a higher claim on assets and earnings than common stock, often with fixed dividends.
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