Examlex
The device introduced by Populists to allow voters to remove governors and other state officials from office prior to the expiration of their terms is called
Maximum Loss
The greatest potential loss one could incur in an investment or trading position.
2-For-1 Split
A stock split where for each share owned, a shareholder receives an additional share, effectively doubling the number of shares.
Premium
The amount paid for an option or insurance policy above its intrinsic value or the amount that an asset's selling price is above its face value.
Gross Profit
The difference between sales revenue and the cost of goods sold before deducting overhead, payroll, taxation, and interest payments.
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