Examlex
What is meant by the term "long-run competitive equilibrium"?
Preferred Stock
A class of ownership in a corporation with a priority claim on assets and earnings before common stock.
Common Stock
A form of corporate equity ownership, a type of security representing an ownership stake in a corporation.
Market Price
The immediate rate at which assets or services are traded in the open market.
Par Common Stock
The nominal or face value of a share of common stock, as stated in the corporate charter.
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