Examlex
The hierarchy of fear, used by therapists working with clients who are undergoing systematic desensitization, consists of
Issue Price Over Par
Occurs when a security, typically a bond, is sold at a price higher than its face value.
Preferred Stock
A class of shares which typically provides a fixed dividend and has priority over common stock in the distribution of assets during liquidation.
Shares
Shares representing ownership rights in a corporation or financial asset, guaranteeing a fair share of profits through dividends, if declared.
Par Common Stock
This represents the nominal or face value assigned to common stock shares, which is the minimal amount shareholders must contribute and is not necessarily related to the market value.
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