Examlex
The requirement that complained of behavior be severe and pervasive in order for it to amount to actionable sexual harassment,means
Shares
Shares represent an ownership stake in a company or financial asset, entitling the holder to a proportional share of profits, distributed as dividends, if announced.
No-par Common Stock
Shares issued without a specified face value, allowing the company flexibility in setting their price.
Stated Value
A value assigned to no-par stock by the board of directors of a company, used as the basis for capital accounts in the shareholders' equity section of the balance sheet.
Par Preferred Stock
A type of preferred stock that has a nominal face value and is entitled to dividends before any dividends can be issued to common stockholders.
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