Examlex
The market for new issues of stock is called the
Self-Perpetuating Board
A board of directors that has the authority to appoint its own members, often seen in nonprofit organizations, ensuring continuity and stability in governance.
New Members
Individuals who have recently joined an organization, group, or community, often bringing fresh perspectives and energy.
Selection Committee
A group of individuals tasked with the responsibility of making selections or decisions, often in contexts such as employment, awards, or grants.
Legal Concept
An established principle or proposition that is used in the framework of the law.
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