Examlex
Identity theft is the forging of someone's identity for the purpose of fraud.
Common Stock
Common stock represents ownership shares in a corporation, providing voting rights and entitling the shareholder to a portion of the company’s profits in the form of dividends.
Dividends in Arrears
Dividends on cumulative preferred stock that have not been paid in prior years.
Cumulative
Describes items or amounts that increase over time through successive additions, often used in the context of dividends that are accrued if not paid in a given period.
Preferred Stockholders
Investors who own preferred shares in a company, which have a higher claim on assets and earnings than common stock, often receiving dividends before common stockholders.
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