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Preferred Shares
A class of ownership in a corporation with a fixed dividend, that has priority over common shares in the distribution of dividends and assets.
SEC Requires
Mandatory rules and requirements established by the Securities and Exchange Commission that publicly traded companies must follow to protect investors and ensure the integrity of the securities markets.
Common Stock
Common stock represents units of ownership interest or equity in a corporation, where holders usually have voting rights to elect the board of directors.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often paying fixed dividends.
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