Examlex
_________ scrambles information into an alternative form that requires a key or password to decrypt the information.
Cumulative Preferred Stock
A type of preferred stock that has a feature where missed dividend payments accumulate and must be paid out before dividends can be issued to other stock types.
Outstanding Shares
Represents the total shares of a corporation’s stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
Stock Dividend
A dividend payment made to shareholders in the form of additional shares rather than cash.
Market Value
The contemporary rate at which a marketplace allows the purchase or sale of an asset or service.
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