Examlex
Since the net proceeds from sale of new common stock will be less than the current market price, the cost of new issues will always be less than the cost of existing issues.
Subchapter S Corporation
A form of corporation in the U.S. that meets specific Internal Revenue Code requirements and passes income, losses, deductions, and credits to its shareholders for federal tax purposes.
Professional Corporations
A type of corporation for professionals (such as lawyers, doctors, and accountants) that offers certain tax and legal advantages.
Public Corporations
Entities established by a government to undertake commercial activities on behalf of the government.
Nonprofit Corporations
are legal entities organized for purposes other than generating profit, where surplus revenues are reinvested in the entity's mission rather than distributed to shareholders.
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