Examlex
A stock with a 1.5 beta would have 50% more risk than the overall market.
Preferred Stock
A class of share ownership in a corporation that typically confers priorities over common stock in dividend payments and upon liquidation.
Limited Partnership
A business partnership where some owners contribute capital and enjoy profits without participating in day-to-day management, limiting their liabilities.
General Partner
A member of a partnership who has unlimited liability for the debts of the business and actively participates in its management.
Partnership's Checkbook
A financial tool used by a partnership for handling and recording transactions.
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