Examlex
The difference between ethical and discretionary responsibilities is that few people expect an organization to fulfill ethical responsibilities.
Stockholders' Equity
Stockholders' Equity represents the owners' claim after all liabilities have been deducted from total assets. It's also known as shareholders' equity or equity.
Par Value
A nominal or face value assigned to a share of stock by the company's charter, unrelated to the market value.
Paid-In Capital
The amount of money that a company has received from shareholders in exchange for stock, exceeding the par value of the shares.
Common Stock
A type of equity security that represents ownership in a corporation and entitles holders to vote on corporate matters and receive dividends.
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