Examlex
How did media ownership in the United States change after passage of the Telecommunications Act of 1996?
Legal Significance
Refers to the importance or implications of something within the realm of the law, often determining how legal documents, decisions, or actions are interpreted and enforced.
SEC
The Securities and Exchange Commission, a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry.
Preferred Stock
A class of stock that entitles holders to fixed dividend payments before any distributions are made to common stockholders.
Common Stock
Represents the shares of a company that are owned by its shareholders, which entitle them to vote at shareholder meetings and to receive dividends.
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