Examlex
McCann Systems, a leading IT firm, develops a customized billing software to meet the needs of its individual customers. In this case, the software developed by the firm is referred to as a(n) ________.
Reverse Stock Splits
Reverse stock splits consolidate the number of existing shares of a company into fewer, proportionally more valuable shares.
Shares Outstanding
The total number of a company's shares currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
Debt Outstanding
Debt outstanding refers to the total amount of debt that a company or government has yet to repay to creditors, including all principal and interest amounts.
Stock Split
A corporate action that increases the number of a company's outstanding shares by dividing each share, which can make the stock more affordable to investors.
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