Examlex
What is meant by a final good or service as opposed to an intermediate good or service? Why are only final goods and services included in the calculation of GDP?
Privately Held Corporation
A company whose ownership is private, meaning its stock is not traded on public stock exchanges and is held by a limited group of shareholders.
New York Stock Exchange
A marketplace where securities, including stocks and bonds, are bought and sold.
Closely Held
A business owned by a limited number of shareholders with no public market for its shares.
No-Par Stock
Shares issued without a par value, which means their face value is not fixed in the stock certificate, enabling more flexibility in setting the share prices.
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