Examlex
The fact that ice has a lower density than liquid water is advantageous to marine life.
Paid-in Capital
The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares and amounts over par value.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before common stock dividends.
Common Stock
A type of equity security that represents ownership in a corporation, with holders typically having voting rights and receiving dividends.
Minimum Legal Capital
The least amount of capital that a company is required to maintain by law, intended to protect creditors by ensuring the company has enough assets to meet its obligations.
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