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Select a person you know who is consistently passive. Do people take advantage of this person, such as getting them to do more work? Do you? Is it ethical to take advantage of passive people?
Preferred Stock
A class of ownership in a corporation with a fixed dividend that must be paid out before dividends to common stockholders, and with generally no voting rights.
Callable
Describes a financial security that the issuer has the right to redeem or 'call back' before its maturity date, often at a predetermined price.
Preferred Stock
A class of ownership in a corporation with a higher claim on assets and earnings than common stock, typically with dividend payments that are prioritized over those of common stock.
Stock Listing
The inclusion of a company's shares on a stock exchange where they can be bought and sold by investors.
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