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The standing committee is a formal, temporary team that discontinues when its purpose is accomplished.
Treasury Stock
Shares of a company's own stock that it has reacquired from shareholders, not considered when calculating earnings per share or dividend distributions.
Common Stock
A form of corporate equity ownership, representing a claim on a portion of the company's profits and a right to vote on shareholder matters.
Treasury Stock
Treasury stock consists of shares that were issued and later reacquired by the company. These shares do not pay dividends and do not have voting rights.
Par Common Stock
The nominal or face value of a share of common stock as stated in the corporate charter, which has no direct relation to the market value.
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