Examlex
Preferred stock is the most frequently used form of equity instrument.
Unconditional Promise
A commitment or guarantee without any stipulations or requirements, fully binding upon the issuer.
Fixed Amount
A fixed amount refers to a set, unchanging figure or sum, often used in financial contexts to denote a specified sum of money that does not vary.
Forges
Facilities or workshops where metal is heated and shaped, or the act of illegally copying or imitating something, such as documents or signatures.
Liable
Subject to legal responsibility for one's actions or omissions, potentially leading to civil or criminal penalties.
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