The ________________ in New York State Is Considered the Birth

question 2

Short Answer

The ________________ in New York State is considered the birth place of parole in the United States and was based on the concept of an earned early release.

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Definitions:

Treasury Stock

Refers to shares that were once part of the outstanding shares but were bought back by the company and are now held in the company's treasury.

Par Value

A nominal value assigned to a share of stock by the company's corporate charter, unrelated to the market value.

Stated Value

A fixed dollar amount assigned to each share of no-par stock, designated by the board of directors of a company.

Treasury Stock

Shares that were once a part of the outstanding shares but were bought back by the company and are now held in the company's treasury.